2019 MKD to BAM Historical Review

YEARLY HIGH

0.0321 BAM

YEARLY LOW

0.0315 BAM

YEARLY AVERAGE

0.0318 BAM

2019 MKD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 0.0321. Conversely, the yearly low was recorded on February 18, dropping to 0.0315.

This high-to-low spread represents a total annual volatility of 0.0006 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0317 to the December average rate of 0.0318, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0321 was down 0.90% compared to the 2018 peak of 0.0324, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 161 BAM

2018 Average 159 BAM

Yearly Trough Low 158 BAM

Transaction Impact: A difference of 2.99 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0319

0.0317

JanuMarcMayJulySeptNove

MKD to BAM 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 0.0318, compared to 0.0318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0318

H2 Avg (Jul–Dec) 0.0318

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0005 BAM (High: 0.0321 / Low: 0.0317). On the other end, September was the most stable month, with a tight range of 0.0002 BAM (High: 0.0319 / Low: 0.0317).

July Spread (Volatile) ±0.0005

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, 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 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 0.0319) against the same month in 2018 (average: 0.0317), the exchange rate shifted by +0.0002 (+0.58%).

2019 Avg (July) 0.0319

2018 Avg (July) 0.0317

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0319	0.0316	0.0317
February	0.0319	0.0315	0.0317
March	0.0320	0.0316	0.0318
April	0.0320	0.0316	0.0318
May	0.0319	0.0316	0.0318
June	0.0320	0.0316	0.0318
July	0.0321	0.0317	0.0319
August	0.0319	0.0317	0.0318
September	0.0319	0.0317	0.0318
October	0.0320	0.0317	0.0318
November	0.0318	0.0317	0.0318
December	0.0320	0.0317	0.0318