2019 BZD to MKD Historical Review

YEARLY HIGH

28.0063 MKD

YEARLY LOW

26.5659 MKD

YEARLY AVERAGE

27.2753 MKD

2019 BZD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BZD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 28.0063. Conversely, the yearly low was recorded on January 9, dropping to 26.5659.

This high-to-low spread represents a total annual volatility of 1.4404 MKD. From a start-to-finish perspective, comparing the January average rate of 26.7937 to the December average rate of 27.4654, the exchange rate registered a net change of 2.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 28.0063 was up 3.33% compared to the 2018 peak of 27.1050, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 140,031 MKD

2018 Average 129,744 MKD

Yearly Trough Low 132,830 MKD

Transaction Impact: A difference of 7,201.90 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

27.8039

26.7018

JanuMarcMayJulySeptNove

BZD 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 27.0521, compared to 27.4984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4463 points.

H1 Avg (Jan–Jun) 27.0521

H2 Avg (Jul–Dec) 27.4984

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.7141 MKD (High: 27.5123 / Low: 26.7982). On the other end, May was the most stable month, with a tight range of 0.2930 MKD (High: 27.4659 / Low: 27.1729).

June Spread (Volatile) ±0.7141

May Spread (Stable) ±0.2930

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 0.2681 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2681

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 27.7121) against the same month in 2018 (average: 26.2934), the exchange rate shifted by +1.4187 (+5.40%).

2019 Avg (September) 27.7121

2018 Avg (September) 26.2934

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.0078	26.5659	26.7937
February	27.1657	26.6175	26.9243
March	27.4147	26.8041	27.0279
April	27.4562	26.9429	27.1938
May	27.4659	27.1729	27.3205
June	27.5123	26.7982	27.0524
July	27.3724	26.7796	27.1286
August	27.6295	27.1964	27.4356
September	28.0063	27.5321	27.7121
October	27.9959	27.3459	27.6218
November	27.7645	27.3387	27.6271
December	27.7464	27.2106	27.4654