2019 BBD to MKD Historical Review

YEARLY HIGH

28.2177 MKD

YEARLY LOW

26.7844 MKD

YEARLY AVERAGE

27.4798 MKD

2019 BBD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BBD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 28.2177. Conversely, the yearly low was recorded on January 9, dropping to 26.7844.

This high-to-low spread represents a total annual volatility of 1.4333 MKD. From a start-to-finish perspective, comparing the January average rate of 26.9857 to the December average rate of 27.6757, the exchange rate registered a net change of 2.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 28.2177 was up 3.32% compared to the 2018 peak of 27.3111, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 141,089 MKD

2018 Average 130,440 MKD

Yearly Trough Low 133,922 MKD

Transaction Impact: A difference of 7,166.68 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

28.0158

26.8921

JanuMarcMayJulySeptNove

BBD 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 27.2531, compared to 27.7064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4533 points.

H1 Avg (Jan–Jun) 27.2531

H2 Avg (Jul–Dec) 27.7064

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.6568 MKD (High: 27.6610 / Low: 27.0042). On the other end, May was the most stable month, with a tight range of 0.2840 MKD (High: 27.6716 / Low: 27.3876).

June Spread (Volatile) ±0.6568

May Spread (Stable) ±0.2840

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2696 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2696

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 27.9221) against the same month in 2018 (average: 26.4296), the exchange rate shifted by +1.4925 (+5.65%).

2019 Avg (September) 27.9221

2018 Avg (September) 26.4296

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.0907	26.7844	26.9857
February	27.3715	26.8342	27.1348
March	27.4127	27.0113	27.2110
April	27.6264	27.1391	27.3928
May	27.6716	27.3876	27.5320
June	27.6610	27.0042	27.2624
July	27.5896	27.0975	27.3470
August	27.8449	27.3450	27.6343
September	28.2177	27.6219	27.9221
October	28.1302	27.5631	27.8224
November	27.9575	27.5529	27.8370
December	27.9085	27.4185	27.6757