2024 BDT to MKD Historical Review

YEARLY HIGH

0.5290 MKD

YEARLY LOW

0.4607 MKD

YEARLY AVERAGE

0.4936 MKD

2024 BDT to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.5290. Conversely, the yearly low was recorded on September 25, dropping to 0.4607.

This high-to-low spread represents a total annual volatility of 0.0683 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5139 to the December average rate of 0.4916, the exchange rate registered a net change of -4.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5290 was down 6.53% compared to the 2023 peak of 0.5659, 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 2,645 MKD

2023 Average 2,636 MKD

Yearly Trough Low 2,303 MKD

Transaction Impact: A difference of 341.36 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5294

0.4576

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 0.5093, compared to 0.4779 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0314 points.

H1 Avg (Jan–Jun) 0.5093

H2 Avg (Jul–Dec) 0.4779

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0436 MKD (High: 0.5262 / Low: 0.4825). On the other end, September was the most stable month, with a tight range of 0.0070 MKD (High: 0.4677 / Low: 0.4607).

May Spread (Volatile) ±0.0436

September Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0277 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0277

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.5234) against the same month in 2023 (average: 0.5289), the exchange rate shifted by -0.0055 (-1.04%).

2024 Avg (April) 0.5234

2023 Avg (April) 0.5289

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5184	0.5066	0.5139
February	0.5241	0.5149	0.5196
March	0.5204	0.5124	0.5164
April	0.5290	0.5164	0.5234
May	0.5262	0.4825	0.4957
June	0.4903	0.4808	0.4869
July	0.4878	0.4789	0.4830
August	0.4863	0.4609	0.4729
September	0.4677	0.4607	0.4636
October	0.4778	0.4628	0.4722
November	0.4943	0.4713	0.4843
December	0.4967	0.4864	0.4916