2020 BBD to MKD Historical Review

YEARLY HIGH

28.7437 MKD

YEARLY LOW

25.0490 MKD

YEARLY AVERAGE

27.0360 MKD

2020 BBD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BBD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 28.7437. Conversely, the yearly low was recorded on December 30, dropping to 25.0490.

This high-to-low spread represents a total annual volatility of 3.6947 MKD. From a start-to-finish perspective, comparing the January average rate of 27.6937 to the December average rate of 25.3160, the exchange rate registered a net change of -8.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 28.7437 was up 1.86% compared to the 2019 peak of 28.2177, 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 143,719 MKD

2019 Average 137,406 MKD

Yearly Trough Low 125,245 MKD

Transaction Impact: A difference of 18,473.58 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

28.6760

25.0106

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 27.9675, compared to 26.1045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8630 points.

H1 Avg (Jan–Jun) 27.9675

H2 Avg (Jul–Dec) 26.1045

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.7854 MKD (High: 28.7437 / Low: 26.9583). On the other end, October was the most stable month, with a tight range of 0.3880 MKD (High: 26.3613 / Low: 25.9733).

March Spread (Volatile) ±1.7854

October Spread (Stable) ±0.3880

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.8612 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8612

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 27.8691) against the same month in 2019 (average: 27.2110), the exchange rate shifted by +0.6582 (+2.42%).

2020 Avg (March) 27.8691

2019 Avg (March) 27.2110

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.9361	27.4185	27.6937
February	28.5539	27.8706	28.2281
March	28.7437	26.9583	27.8691
April	28.5889	28.0466	28.3705
May	28.5387	27.6845	28.2523
June	27.6750	27.1070	27.3911
July	27.4342	26.0138	26.9113
August	26.2405	25.8038	26.0565
September	26.4762	25.8534	26.1319
October	26.3613	25.9733	26.1843
November	26.4659	25.8229	26.0270
December	25.7433	25.0490	25.3160