2021 BAM to MKD Historical Review

YEARLY HIGH

31.7211 MKD

YEARLY LOW

31.2405 MKD

YEARLY AVERAGE

31.4994 MKD

2021 BAM to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BAM to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 31.7211. Conversely, the yearly low was recorded on April 20, dropping to 31.2405.

This high-to-low spread represents a total annual volatility of 0.4806 MKD. From a start-to-finish perspective, comparing the January average rate of 31.5172 to the December average rate of 31.4922, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 31.7211 was down 0.33% compared to the 2020 peak of 31.8254, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 158,605 MKD

2020 Average 157,492 MKD

Yearly Trough Low 156,203 MKD

Transaction Impact: A difference of 2,402.83 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

31.5236

31.4476

JanuMarcMayJulySeptNove

BAM 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 31.4971, compared to 31.5018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 31.4971

H2 Avg (Jul–Dec) 31.5018

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.3826 MKD (High: 31.6715 / Low: 31.2889). On the other end, August was the most stable month, with a tight range of 0.1902 MKD (High: 31.6171 / Low: 31.4269).

March Spread (Volatile) ±0.3826

August Spread (Stable) ±0.1902

Growth Streaks & Declines

Trends

Between April and August, 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 March and April, when the average rate fell by 0.0624 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0624

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 31.5033) against the same month in 2020 (average: 31.4947), the exchange rate shifted by +0.0086 (+0.03%).

2021 Avg (November) 31.5033

2020 Avg (November) 31.4947

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.6412	31.3656	31.5172
February	31.6788	31.3222	31.5030
March	31.6715	31.2889	31.5164
April	31.5481	31.2405	31.4539
May	31.6422	31.3859	31.4868
June	31.6677	31.3896	31.5050
July	31.6677	31.4000	31.5081
August	31.6171	31.4269	31.5113
September	31.6078	31.4037	31.4883
October	31.5823	31.3013	31.5076
November	31.7211	31.4255	31.5033
December	31.6621	31.3070	31.4922

૨૦૨૫ BAM થી MKD ઐતિહાસિક સમીક્ષા