YEARLY HIGH
54.6222 MKD
YEARLY LOW
49.2200 MKD
YEARLY AVERAGE
52.1606 MKD

2018 USD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the USD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 54.6222. Conversely, the yearly low was recorded on February 1, dropping to 49.2200.

This high-to-low spread represents a total annual volatility of 5.4022 MKD. From a start-to-finish perspective, comparing the January average rate of 50.4805 to the December average rate of 54.1047, the exchange rate registered a net change of 7.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 54.6222 was down 7.58% compared to the 2017 peak of 59.1025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 273,111 MKD
2017 Average 273,078 MKD
Yearly Trough Low 246,100 MKD
Transaction Impact: A difference of 27,010.86 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

54.5469
49.4612
JanuMarcMayJulySeptNove

USD 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 50.8615, compared to 53.4597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5982 points.

H1 Avg (Jan–Jun) 50.8615
H2 Avg (Jul–Dec) 53.4597

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 2.3318 MKD (High: 53.3510 / Low: 51.0192). On the other end, July was the most stable month, with a tight range of 0.5183 MKD (High: 52.8933 / Low: 52.3750).

May Spread (Volatile) ±2.3318
July Spread (Stable) ±0.5183

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5955 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.5955

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 54.1231) against the same month in 2017 (average: 52.4354), the exchange rate shifted by +1.6876 (+3.22%).

2018 Avg (November) 54.1231
2017 Avg (November) 52.4354

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.6150 49.5723 50.4805
February 50.5050 49.2200 49.8850
March 50.2715 49.4233 49.9276
April 50.9801 49.7275 50.1786
May 53.3510 51.0192 52.0920
June 53.2550 52.0456 52.6051
July 52.8933 52.3750 52.6863
August 54.2946 52.5900 53.3825
September 53.2951 52.2919 52.8593
October 54.3794 53.0846 53.6022
November 54.6222 53.6931 54.1231
December 54.5479 53.7154 54.1047