YEARLY HIGH
0.6517 MKD
YEARLY LOW
0.5908 MKD
YEARLY AVERAGE
0.6219 MKD

2018 BDT to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BDT to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.6517. Conversely, the yearly low was recorded on February 15, dropping to 0.5908.

This high-to-low spread represents a total annual volatility of 0.0609 MKD. From a start-to-finish perspective, comparing the January average rate of 0.6080 to the December average rate of 0.6452, the exchange rate registered a net change of 6.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6517 was down 12.93% compared to the 2017 peak of 0.7485, 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 3,259 MKD
2017 Average 3,366 MKD
Yearly Trough Low 2,954 MKD
Transaction Impact: A difference of 304.61 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6508
0.5949
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 0.6076, compared to 0.6361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0285 points.

H1 Avg (Jan–Jun) 0.6076
H2 Avg (Jul–Dec) 0.6361

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0297 MKD (High: 0.6312 / Low: 0.6015). On the other end, July was the most stable month, with a tight range of 0.0090 MKD (High: 0.6305 / Low: 0.6215).

May Spread (Volatile) ±0.0297
July Spread (Stable) ±0.0090

Growth Streaks & Declines

Trends

Between April and August, 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 January and February, when the average rate fell by 0.0084 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.6461) against the same month in 2017 (average: 0.6305), the exchange rate shifted by +0.0156 (+2.48%).

2018 Avg (November) 0.6461
2017 Avg (November) 0.6305

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6209 0.5953 0.6080
February 0.6059 0.5908 0.5996
March 0.6047 0.5937 0.6007
April 0.6044 0.5933 0.6002
May 0.6312 0.6015 0.6152
June 0.6315 0.6153 0.6221
July 0.6305 0.6215 0.6257
August 0.6424 0.6245 0.6341
September 0.6352 0.6225 0.6302
October 0.6470 0.6272 0.6353
November 0.6517 0.6400 0.6461
December 0.6507 0.6414 0.6452