YEARLY HIGH
1.6926 BDT
YEARLY LOW
1.5344 BDT
YEARLY AVERAGE
1.6093 BDT

2018 MKD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 1.6926. Conversely, the yearly low was recorded on November 12, dropping to 1.5344.

This high-to-low spread represents a total annual volatility of 0.1582 BDT. From a start-to-finish perspective, comparing the January average rate of 1.6452 to the December average rate of 1.5499, the exchange rate registered a net change of -5.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.6926 was up 3.28% compared to the 2017 peak of 1.6388, 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 8,463 BDT
2017 Average 7,452 BDT
Yearly Trough Low 7,672 BDT
Transaction Impact: A difference of 791.13 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.6800
1.5358
JanuMarcMayJulySeptNove

MKD to BDT 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 1.6462, compared to 1.5724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0738 points.

H1 Avg (Jan–Jun) 1.6462
H2 Avg (Jul–Dec) 1.5724

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0782 BDT (High: 1.6626 / Low: 1.5843). On the other end, December was the most stable month, with a tight range of 0.0223 BDT (High: 1.5591 / Low: 1.5368).

May Spread (Volatile) ±0.0782
December Spread (Stable) ±0.0223

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0405 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0405

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 1.6680) against the same month in 2017 (average: 1.3804), the exchange rate shifted by +0.2875 (+20.83%).

2018 Avg (February) 1.6680
2017 Avg (February) 1.3804

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6798 1.6104 1.6452
February 1.6926 1.6505 1.6680
March 1.6843 1.6536 1.6646
April 1.6854 1.6546 1.6662
May 1.6626 1.5843 1.6257
June 1.6253 1.5836 1.6075
July 1.6091 1.5860 1.5983
August 1.6012 1.5567 1.5772
September 1.6065 1.5743 1.5869
October 1.5944 1.5456 1.5741
November 1.5625 1.5344 1.5478
December 1.5591 1.5368 1.5499