YEARLY HIGH
5.1367 MKD
YEARLY LOW
0.0002 MKD
YEARLY AVERAGE
0.5637 MKD

2018 VEF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the VEF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 5.1367. Conversely, the yearly low was recorded on September 20, dropping to 0.0002.

This high-to-low spread represents a total annual volatility of 5.1365 MKD. From a start-to-finish perspective, comparing the January average rate of 4.9975 to the December average rate of 0.0002, the exchange rate registered a net change of -100.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 5.1367 was down 13.28% compared to the 2017 peak of 5.9236, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,684 MKD
2017 Average 27,055 MKD
Yearly Trough Low 1 MKD
Transaction Impact: A difference of 25,682.52 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

5.4972
-0.4995
JanuMarcMayJulySeptNove

VEF 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 1.1271, compared to 0.0003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1268 points.

H1 Avg (Jan–Jun) 1.1271
H2 Avg (Jul–Dec) 0.0003

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 4.9838 MKD (High: 4.9855 / Low: 0.0017). On the other end, December was the most stable month, with a tight range of 0.0000 MKD (High: 0.0002 / Low: 0.0002).

February Spread (Volatile) ±4.9838
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 3.2359 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.2359

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 4.9975) against the same month in 2017 (average: 5.7950), the exchange rate shifted by -0.7976 (-13.76%).

2018 Avg (January) 4.9975
2017 Avg (January) 5.7950

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.1367 4.7302 4.9975
February 4.9855 0.0017 1.7615
March 0.0017 0.0012 0.0014
April 0.0012 0.0008 0.0011
May 0.0007 0.0007 0.0007
June 0.0007 0.0007 0.0007
July 0.0007 0.0005 0.0006
August 0.0005 0.0002 0.0003
September 0.0002 0.0002 0.0002
October 0.0002 0.0002 0.0002
November 0.0002 0.0002 0.0002
December 0.0002 0.0002 0.0002