YEARLY HIGH
20.9896 MKD
YEARLY LOW
19.5223 MKD
YEARLY AVERAGE
20.3071 MKD

2018 WST to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the WST to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 20.9896. Conversely, the yearly low was recorded on March 26, dropping to 19.5223.

This high-to-low spread represents a total annual volatility of 1.4674 MKD. From a start-to-finish perspective, comparing the January average rate of 20.0723 to the December average rate of 20.7460, the exchange rate registered a net change of 3.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 20.9896 was down 10.21% compared to the 2017 peak of 23.3767, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 104,948 MKD
2017 Average 107,926 MKD
Yearly Trough Low 97,611 MKD
Transaction Impact: A difference of 7,336.94 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

20.8487
19.6552
JanuMarcMayJulySeptNove

WST 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 20.0585, compared to 20.5556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4970 points.

H1 Avg (Jan–Jun) 20.0585
H2 Avg (Jul–Dec) 20.5556

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.7237 MKD (High: 20.6937 / Low: 19.9700). On the other end, June was the most stable month, with a tight range of 0.2392 MKD (High: 20.6094 / Low: 20.3702).

May Spread (Volatile) ±0.7237
June Spread (Stable) ±0.2392

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2233 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2233

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 20.7493) against the same month in 2017 (average: 20.6427), the exchange rate shifted by +0.1066 (+0.52%).

2018 Avg (November) 20.7493
2017 Avg (November) 20.6427

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.4201 19.7551 20.0723
February 20.1695 19.7865 19.9780
March 19.9638 19.5223 19.7546
April 19.9585 19.5587 19.7869
May 20.6937 19.9700 20.2811
June 20.6094 20.3702 20.4785
July 20.4279 20.1780 20.3388
August 20.9750 20.3165 20.6227
September 20.5889 20.2014 20.4206
October 20.7935 20.2623 20.4563
November 20.9896 20.5050 20.7493
December 20.9409 20.4942 20.7460