2019 BRL to MKD Historical Review

YEARLY HIGH

14.7948 MKD

YEARLY LOW

13.1127 MKD

YEARLY AVERAGE

13.9503 MKD

2019 BRL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BRL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 14.7948. Conversely, the yearly low was recorded on November 27, dropping to 13.1127.

This high-to-low spread represents a total annual volatility of 1.6821 MKD. From a start-to-finish perspective, comparing the January average rate of 14.4347 to the December average rate of 13.4735, the exchange rate registered a net change of -6.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 14.7948 was down 7.26% compared to the 2018 peak of 15.9534, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 369,869 MKD

2018 Average 358,578 MKD

Yearly Trough Low 327,816 MKD

Transaction Impact: A difference of 42,052.42 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

14.7102

13.2775

JanuMarcMayJulySeptNove

BRL 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 14.1863, compared to 13.7143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4720 points.

H1 Avg (Jan–Jun) 14.1863

H2 Avg (Jul–Dec) 13.7143

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 1.2053 MKD (High: 14.4548 / Low: 13.2495). On the other end, June was the most stable month, with a tight range of 0.3315 MKD (High: 14.2986 / Low: 13.9671).

August Spread (Volatile) ±1.2053

June Spread (Stable) ±0.3315

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.7251 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 14.5908) against the same month in 2018 (average: 15.3610), the exchange rate shifted by -0.7702 (-5.01%).

2019 Avg (February) 14.5908

2018 Avg (February) 15.3610

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.7604	13.8465	14.4347
February	14.7948	14.4078	14.5908
March	14.4336	13.6893	14.1552
April	14.3071	13.7995	14.0506
May	14.0969	13.4485	13.7740
June	14.2986	13.9671	14.1127
July	14.6994	14.0945	14.4757
August	14.4548	13.2495	13.7506
September	13.7817	13.3625	13.5547
October	13.8851	13.2738	13.6347
November	13.9113	13.1127	13.3969
December	13.6769	13.1552	13.4735