YEARLY HIGH
6.7772 MKD
YEARLY LOW
6.1121 MKD
YEARLY AVERAGE
6.4618 MKD

2018 MOP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MOP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 6.7772. Conversely, the yearly low was recorded on February 1, dropping to 6.1121.

This high-to-low spread represents a total annual volatility of 0.6651 MKD. From a start-to-finish perspective, comparing the January average rate of 6.2690 to the December average rate of 6.7140, the exchange rate registered a net change of 7.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 6.7772 was down 8.50% compared to the 2017 peak of 7.4064, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,886 MKD
2017 Average 34,037 MKD
Yearly Trough Low 30,561 MKD
Transaction Impact: A difference of 3,325.71 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

6.7683
6.1299
JanuMarcMayJulySeptNove

MOP to MKD 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 6.3002, compared to 6.6234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3233 points.

H1 Avg (Jan–Jun) 6.3002
H2 Avg (Jul–Dec) 6.6234

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.3050 MKD (High: 6.5994 / Low: 6.2944). On the other end, July was the most stable month, with a tight range of 0.0639 MKD (High: 6.5456 / Low: 6.4817).

May Spread (Volatile) ±0.3050
July Spread (Stable) ±0.0639

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0784 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0784

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 6.7140) against the same month in 2017 (average: 6.4593), the exchange rate shifted by +0.2547 (+3.94%).

2018 Avg (December) 6.7140
2017 Avg (December) 6.4593

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.4125 6.1575 6.2690
February 6.2642 6.1121 6.1906
March 6.2241 6.1205 6.1831
April 6.3021 6.1508 6.2076
May 6.5994 6.2944 6.4432
June 6.5870 6.4340 6.5075
July 6.5456 6.4817 6.5184
August 6.7138 6.5007 6.6051
September 6.5848 6.4698 6.5468
October 6.7359 6.5733 6.6413
November 6.7735 6.6534 6.7151
December 6.7772 6.6571 6.7140