YEARLY HIGH
4751.6321 VEF
YEARLY LOW
0.1947 VEF
YEARLY AVERAGE
2385.3148 VEF

2018 MKD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 4751.6321. Conversely, the yearly low was recorded on January 9, dropping to 0.1947.

This high-to-low spread represents a total annual volatility of 4751.4374 VEF. From a start-to-finish perspective, comparing the January average rate of 0.2002 to the December average rate of 4592.8164, the exchange rate registered a net change of 2293936.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 4751.6321 was up 2284622.53% compared to the 2017 peak of 0.2080, 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 23,758,160 VEF
2017 Average 927 VEF
Yearly Trough Low 973 VEF
Transaction Impact: A difference of 23,757,187.10 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

5170.8454
-469.8584
JanuMarcMayJulySeptNove

MKD to VEF 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 827.2363, compared to 3943.3932 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3116.1569 points.

H1 Avg (Jan–Jun) 827.2363
H2 Avg (Jul–Dec) 3943.3932

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 2707.3921 VEF (High: 4724.6950 / Low: 2017.3029). On the other end, January was the most stable month, with a tight range of 0.0167 VEF (High: 0.2114 / Low: 0.1947).

August Spread (Volatile) ±2707.3921
January Spread (Stable) ±0.0167

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 65.1126 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -65.1126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 4700.7867) against the same month in 2017 (average: 0.1948), the exchange rate shifted by +4700.5919 (+2412662.23%).

2018 Avg (September) 4700.7867
2017 Avg (September) 0.1948

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2114 0.1947 0.2002
February 575.2940 0.2006 327.2619
March 814.2217 577.1945 728.7305
April 1321.6721 800.4995 996.2352
May 1517.9979 1335.8185 1391.9437
June 1536.1518 1500.3286 1519.0467
July 2028.2540 1510.6825 1728.0995
August 4724.6950 2017.3029 3411.6043
September 4751.6321 4662.1874 4700.7867
October 4680.6731 4569.2245 4635.6741
November 4627.6275 4548.9167 4591.3783
December 4626.0041 4555.4066 4592.8164