YEARLY HIGH
31.9285 MKD
YEARLY LOW
31.1489 MKD
YEARLY AVERAGE
31.4622 MKD

2025 BGN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2025

During 2025, the BGN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 31.9285. Conversely, the yearly low was recorded on July 30, dropping to 31.1489.

This high-to-low spread represents a total annual volatility of 0.7796 MKD. From a start-to-finish perspective, comparing the January average rate of 31.4653 to the December average rate of 31.4807, the exchange rate registered a net change of 0.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2025 high of 31.9285 was up 0.56% compared to the 2024 peak of 31.7506, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 159,643 MKD
2024 Average 157,356 MKD
Yearly Trough Low 155,744 MKD
Transaction Impact: A difference of 3,898.17 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2025.

31.5094
31.4287
JanuMarcMayJulySeptNove

BGN 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 31.4526, compared to 31.4719 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 31.4526
H2 Avg (Jul–Dec) 31.4719

Volatility Range Comparison

Volatility

The most volatile month in 2025 was August, with a trading range of 0.6651 MKD (High: 31.9285 / Low: 31.2634). On the other end, December was the most stable month, with a tight range of 0.0814 MKD (High: 31.5156 / Low: 31.4342).

August Spread (Volatile) ±0.6651
December Spread (Stable) ±0.0814

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2025. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0491 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0491

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2025: 31.4899) against the same month in 2024 (average: 31.4956), the exchange rate shifted by -0.0057 (-0.02%).

2025 Avg (August) 31.4899
2024 Avg (August) 31.4956

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.6308 31.4029 31.4653
February 31.6099 31.4189 31.4640
March 31.5027 31.2680 31.4400
April 31.8033 31.2089 31.4364
May 31.7985 31.3119 31.4629
June 31.4963 31.3119 31.4466
July 31.4940 31.1489 31.4354
August 31.9285 31.2634 31.4899
September 31.6277 31.2845 31.4691
October 31.5307 31.4147 31.5027
November 31.5239 31.3083 31.4536
December 31.5156 31.4342 31.4807