2019 BAM to MKD Historical Review

YEARLY HIGH

31.7092 MKD

YEARLY LOW

31.1182 MKD

YEARLY AVERAGE

31.4632 MKD

2019 BAM to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BAM to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 31.7092. Conversely, the yearly low was recorded on July 28, dropping to 31.1182.

This high-to-low spread represents a total annual volatility of 0.5910 MKD. From a start-to-finish perspective, comparing the January average rate of 31.5250 to the December average rate of 31.4414, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 31.7092 was down 2.02% compared to the 2018 peak of 32.3639, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 158,546 MKD

2018 Average 157,532 MKD

Yearly Trough Low 155,591 MKD

Transaction Impact: A difference of 2,955.19 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

31.5403

31.3566

JanuMarcMayJulySeptNove

BAM 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 31.4867, compared to 31.4396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0471 points.

H1 Avg (Jan–Jun) 31.4867

H2 Avg (Jul–Dec) 31.4396

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.4718 MKD (High: 31.5900 / Low: 31.1182). On the other end, September was the most stable month, with a tight range of 0.1721 MKD (High: 31.5488 / Low: 31.3767).

July Spread (Volatile) ±0.4718

September Spread (Stable) ±0.1721

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0937 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0937

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 31.4981) against the same month in 2018 (average: 31.5047), the exchange rate shifted by -0.0066 (-0.02%).

2019 Avg (February) 31.4981

2018 Avg (February) 31.5047

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.6723	31.3679	31.5250
February	31.7092	31.3646	31.4981
March	31.6792	31.2667	31.4667
April	31.6069	31.2942	31.4767
May	31.6607	31.3796	31.4882
June	31.6237	31.2855	31.4656
July	31.5900	31.1182	31.3719
August	31.5668	31.3316	31.4469
September	31.5488	31.3767	31.4560
October	31.5444	31.2842	31.4458
November	31.5836	31.4023	31.4756
December	31.5276	31.2585	31.4414