2020 BAM to MKD Historical Review

YEARLY HIGH

31.8254 MKD

YEARLY LOW

31.2052 MKD

YEARLY AVERAGE

31.4984 MKD

2020 BAM to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BAM to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 31.8254. Conversely, the yearly low was recorded on March 19, dropping to 31.2052.

This high-to-low spread represents a total annual volatility of 0.6202 MKD. From a start-to-finish perspective, comparing the January average rate of 31.4433 to the December average rate of 31.5071, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 31.8254 was up 0.37% compared to the 2019 peak of 31.7092, 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 159,127 MKD

2019 Average 157,314 MKD

Yearly Trough Low 156,026 MKD

Transaction Impact: A difference of 3,101.14 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

31.5265

31.4358

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 31.4957, compared to 31.5012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 31.4957

H2 Avg (Jul–Dec) 31.5012

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.6202 MKD (High: 31.8254 / Low: 31.2052). On the other end, January was the most stable month, with a tight range of 0.2635 MKD (High: 31.5830 / Low: 31.3195).

March Spread (Volatile) ±0.6202

January Spread (Stable) ±0.2635

Growth Streaks & Declines

Trends

Between January and March, 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 0.0406 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0406

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 31.5145) against the same month in 2019 (average: 31.4667), the exchange rate shifted by +0.0478 (+0.15%).

2020 Avg (March) 31.5145

2019 Avg (March) 31.4667

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.5830	31.3195	31.4433
February	31.6317	31.3242	31.4921
March	31.8254	31.2052	31.5145
April	31.7695	31.3385	31.5133
May	31.6290	31.3189	31.4922
June	31.7464	31.3644	31.5189
July	31.6120	31.2488	31.4784
August	31.7683	31.3881	31.5050
September	31.7044	31.3615	31.5178
October	31.6315	31.2683	31.5039
November	31.6661	31.3239	31.4947
December	31.7029	31.3185	31.5071