2019 BHD to MKD Historical Review

YEARLY HIGH

149.7155 MKD

YEARLY LOW

142.0866 MKD

YEARLY AVERAGE

145.7953 MKD

2019 BHD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BHD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 149.7155. Conversely, the yearly low was recorded on January 10, dropping to 142.0866.

This high-to-low spread represents a total annual volatility of 7.6289 MKD. From a start-to-finish perspective, comparing the January average rate of 143.1672 to the December average rate of 146.7955, the exchange rate registered a net change of 2.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 149.7155 was up 3.32% compared to the 2018 peak of 144.9022, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 748,578 MKD

2018 Average 691,490 MKD

Yearly Trough Low 710,433 MKD

Transaction Impact: A difference of 38,144.36 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

148.6603

142.6679

JanuMarcMayJulySeptNove

BHD 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 144.5895, compared to 147.0010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4115 points.

H1 Avg (Jan–Jun) 144.5895

H2 Avg (Jul–Dec) 147.0010

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 3.4829 MKD (High: 146.7367 / Low: 143.2538). On the other end, May was the most stable month, with a tight range of 1.5101 MKD (High: 146.8206 / Low: 145.3105).

June Spread (Volatile) ±3.4829

May Spread (Stable) ±1.5101

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 1.4077 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.4077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 148.1609) against the same month in 2018 (average: 140.2020), the exchange rate shifted by +7.9590 (+5.68%).

2019 Avg (September) 148.1609

2018 Avg (September) 140.2020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	143.7153	142.0866	143.1672
February	145.2295	142.3652	143.9546
March	145.4091	143.3061	144.3615
April	146.6376	144.1723	145.3294
May	146.8206	145.3105	146.0661
June	146.7367	143.2538	144.6583
July	146.3545	143.7345	145.0885
August	147.7084	145.4365	146.6791
September	149.7155	147.1460	148.1609
October	149.2728	146.2280	147.6018
November	148.3317	146.2528	147.6805
December	148.0494	145.4382	146.7955