YEARLY HIGH
44.1006 MKD
YEARLY LOW
40.5241 MKD
YEARLY AVERAGE
41.7225 MKD

2025 BND to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2025

During 2025, the BND to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 44.1006. Conversely, the yearly low was recorded on December 22, dropping to 40.5241.

This high-to-low spread represents a total annual volatility of 3.5765 MKD. From a start-to-finish perspective, comparing the January average rate of 43.6328 to the December average rate of 40.7158, the exchange rate registered a net change of -6.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2025 high of 44.1006 was up 0.63% compared to the 2024 peak of 43.8230, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 220,503 MKD
2024 Average 212,908 MKD
Yearly Trough Low 202,620 MKD
Transaction Impact: A difference of 17,882.57 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2025.

44.1571
40.4029
JanuMarcMayJulySeptNove

BND 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 42.5318, compared to 40.9131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6187 points.

H1 Avg (Jan–Jun) 42.5318
H2 Avg (Jul–Dec) 40.9131

Volatility Range Comparison

Volatility

The most volatile month in 2025 was March, with a trading range of 1.7735 MKD (High: 43.9899 / Low: 42.2163). On the other end, November was the most stable month, with a tight range of 0.3537 MKD (High: 41.0177 / Low: 40.6640).

March Spread (Volatile) ±1.7735
November Spread (Stable) ±0.3537

Growth Streaks & Declines

Trends

Between September and November, 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 March and April, when the average rate fell by 1.2212 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2212

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2025: 43.8442) against the same month in 2024 (average: 42.4211), the exchange rate shifted by +1.4231 (+3.35%).

2025 Avg (February) 43.8442
2024 Avg (February) 42.4211

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 43.9187 43.2784 43.6328
February 44.1006 43.4749 43.8442
March 43.9899 42.2163 42.6368
April 42.4541 40.9949 41.4156
May 42.5114 41.3051 42.0847
June 42.0233 40.9572 41.5768
July 41.5688 40.8605 41.1027
August 41.5441 40.7252 41.1440
September 41.0505 40.6060 40.8199
October 41.1039 40.6347 40.8450
November 41.0177 40.6640 40.8511
December 40.9303 40.5241 40.7158