2024 BHD to MKD Historical Review

YEARLY HIGH

157.4168 MKD

YEARLY LOW

145.8497 MKD

YEARLY AVERAGE

150.9808 MKD

2024 BHD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 157.4168. Conversely, the yearly low was recorded on August 25, dropping to 145.8497.

This high-to-low spread represents a total annual volatility of 11.5671 MKD. From a start-to-finish perspective, comparing the January average rate of 149.6271 to the December average rate of 155.8089, the exchange rate registered a net change of 4.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 157.4168 was up 0.99% compared to the 2023 peak of 155.8726, 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 787,084 MKD

2023 Average 755,489 MKD

Yearly Trough Low 729,248 MKD

Transaction Impact: A difference of 57,835.66 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

156.6833

146.1899

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 151.0900, compared to 150.8716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2183 points.

H1 Avg (Jan–Jun) 151.0900

H2 Avg (Jul–Dec) 150.8716

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 7.2849 MKD (High: 156.7717 / Low: 149.4868). On the other end, September was the most stable month, with a tight range of 2.1695 MKD (High: 148.2771 / Low: 146.1076).

November Spread (Volatile) ±7.2849

September Spread (Stable) ±2.1695

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 July and August, when the average rate fell by 2.1870 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.1870

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 155.8089) against the same month in 2023 (average: 149.5444), the exchange rate shifted by +6.2645 (+4.19%).

2024 Avg (December) 155.8089

2023 Avg (December) 149.5444

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	150.8588	147.5362	149.6271
February	152.6378	149.9475	151.3438
March	151.4998	149.2927	150.3133
April	153.9763	150.3749	152.3422
May	153.1410	150.2106	151.1200
June	153.0000	149.7472	151.7934
July	152.0664	149.2238	150.5676
August	151.4765	145.8497	148.3805
September	148.2771	146.1076	147.0643
October	151.4376	146.8078	149.8241
November	156.7717	149.4868	153.5845
December	157.4168	154.1487	155.8089