YEARLY HIGH
0.6681 MKD
YEARLY LOW
0.6381 MKD
YEARLY AVERAGE
0.6512 MKD

2019 BDT to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BDT to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.6681. Conversely, the yearly low was recorded on January 9, dropping to 0.6381.

This high-to-low spread represents a total annual volatility of 0.0300 MKD. From a start-to-finish perspective, comparing the January average rate of 0.6439 to the December average rate of 0.6521, the exchange rate registered a net change of 1.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6681 was up 2.52% compared to the 2018 peak of 0.6517, 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 3,341 MKD
2018 Average 3,110 MKD
Yearly Trough Low 3,190 MKD
Transaction Impact: A difference of 150.19 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6627
0.6421
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 0.6475, compared to 0.6548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.6475
H2 Avg (Jul–Dec) 0.6548

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0177 MKD (High: 0.6570 / Low: 0.6393). On the other end, May was the most stable month, with a tight range of 0.0087 MKD (High: 0.6570 / Low: 0.6484).

June Spread (Volatile) ±0.0177
May Spread (Stable) ±0.0087

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 0.0069 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.6610) against the same month in 2018 (average: 0.6302), the exchange rate shifted by +0.0308 (+4.89%).

2019 Avg (September) 0.6610
2018 Avg (September) 0.6302

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6499 0.6381 0.6439
February 0.6522 0.6411 0.6463
March 0.6544 0.6424 0.6477
April 0.6581 0.6430 0.6497
May 0.6570 0.6484 0.6524
June 0.6570 0.6393 0.6455
July 0.6532 0.6388 0.6472
August 0.6591 0.6487 0.6545
September 0.6681 0.6566 0.6610
October 0.6678 0.6503 0.6574
November 0.6598 0.6500 0.6567
December 0.6588 0.6461 0.6521