YEARLY HIGH
0.1517 SRD
YEARLY LOW
0.1365 SRD
YEARLY AVERAGE
0.1432 SRD

2018 MKD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.1517. Conversely, the yearly low was recorded on November 13, dropping to 0.1365.

This high-to-low spread represents a total annual volatility of 0.0152 SRD. From a start-to-finish perspective, comparing the January average rate of 0.1478 to the December average rate of 0.1378, the exchange rate registered a net change of -6.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1517 was up 4.28% compared to the 2017 peak of 0.1455, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 759 SRD
2017 Average 687 SRD
Yearly Trough Low 683 SRD
Transaction Impact: A difference of 75.94 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1509
0.1366
JanuMarcMayJulySeptNove

MKD to SRD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1469, compared to 0.1395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.1469
H2 Avg (Jul–Dec) 0.1395

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0064 SRD (High: 0.1464 / Low: 0.1400). On the other end, December was the most stable month, with a tight range of 0.0021 SRD (High: 0.1388 / Low: 0.1367).

May Spread (Volatile) ±0.0064
December Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0055 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.1497) against the same month in 2017 (average: 0.1302), the exchange rate shifted by +0.0195 (+14.98%).

2018 Avg (February) 0.1497
2017 Avg (February) 0.1302

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1506 0.1445 0.1478
February 0.1517 0.1479 0.1497
March 0.1511 0.1486 0.1496
April 0.1502 0.1465 0.1488
May 0.1464 0.1400 0.1434
June 0.1435 0.1402 0.1420
July 0.1424 0.1400 0.1415
August 0.1418 0.1374 0.1397
September 0.1426 0.1399 0.1411
October 0.1405 0.1371 0.1391
November 0.1389 0.1365 0.1378
December 0.1388 0.1367 0.1378