YEARLY HIGH
0.7535 MKD
YEARLY LOW
0.6849 MKD
YEARLY AVERAGE
0.7085 MKD

2016 BDT to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BDT to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.7535. Conversely, the yearly low was recorded on May 4, dropping to 0.6849.

This high-to-low spread represents a total annual volatility of 0.0687 MKD. From a start-to-finish perspective, comparing the January average rate of 0.7221 to the December average rate of 0.7362, the exchange rate registered a net change of 1.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7535 was up 0.12% compared to the 2015 peak of 0.7527, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,768 MKD
2015 Average 3,559 MKD
Yearly Trough Low 3,424 MKD
Transaction Impact: A difference of 343.42 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7404
0.6903
JanuMarcMayJulySeptNove

BDT 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 0.7036, compared to 0.7133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 0.7036
H2 Avg (Jul–Dec) 0.7133

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0333 MKD (High: 0.7535 / Low: 0.7202). On the other end, September was the most stable month, with a tight range of 0.0057 MKD (High: 0.7033 / Low: 0.6976).

December Spread (Volatile) ±0.0333
September Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0161 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.7362) against the same month in 2015 (average: 0.7211), the exchange rate shifted by +0.0151 (+2.10%).

2016 Avg (December) 0.7362
2015 Avg (December) 0.7211

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7287 0.7185 0.7221
February 0.7214 0.6922 0.7060
March 0.7229 0.6914 0.7063
April 0.6998 0.6888 0.6945
May 0.7050 0.6849 0.6953
June 0.7122 0.6885 0.6975
July 0.7139 0.7031 0.7088
August 0.7091 0.6929 0.7007
September 0.7033 0.6976 0.7005
October 0.7214 0.6983 0.7109
November 0.7352 0.7049 0.7227
December 0.7535 0.7202 0.7362