YEARLY HIGH
0.6818 MKD
YEARLY LOW
0.5908 MKD
YEARLY AVERAGE
0.6373 MKD

2020 BDT to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BDT to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.6818. Conversely, the yearly low was recorded on December 30, dropping to 0.5908.

This high-to-low spread represents a total annual volatility of 0.0910 MKD. From a start-to-finish perspective, comparing the January average rate of 0.6528 to the December average rate of 0.5971, the exchange rate registered a net change of -8.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6818 was up 2.04% compared to the 2019 peak of 0.6681, 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 3,409 MKD
2019 Average 3,256 MKD
Yearly Trough Low 2,954 MKD
Transaction Impact: A difference of 454.84 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6755
0.5900
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 0.6589, compared to 0.6157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0433 points.

H1 Avg (Jan–Jun) 0.6589
H2 Avg (Jul–Dec) 0.6157

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0466 MKD (High: 0.6818 / Low: 0.6351). On the other end, October was the most stable month, with a tight range of 0.0086 MKD (High: 0.6213 / Low: 0.6127).

March Spread (Volatile) ±0.0466
October Spread (Stable) ±0.0086

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 July and August, when the average rate fell by 0.0202 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.6572) against the same month in 2019 (average: 0.6477), the exchange rate shifted by +0.0095 (+1.47%).

2020 Avg (March) 0.6572
2019 Avg (March) 0.6477

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6589 0.6426 0.6528
February 0.6721 0.6564 0.6648
March 0.6818 0.6351 0.6572
April 0.6736 0.6606 0.6684
May 0.6720 0.6528 0.6651
June 0.6518 0.6384 0.6451
July 0.6467 0.6133 0.6346
August 0.6184 0.6091 0.6144
September 0.6246 0.6099 0.6163
October 0.6213 0.6127 0.6176
November 0.6241 0.6089 0.6139
December 0.6070 0.5908 0.5971