YEARLY HIGH
1.5672 BDT
YEARLY LOW
1.4968 BDT
YEARLY AVERAGE
1.5358 BDT

2019 MKD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1.5672. Conversely, the yearly low was recorded on September 26, dropping to 1.4968.

This high-to-low spread represents a total annual volatility of 0.0705 BDT. From a start-to-finish perspective, comparing the January average rate of 1.5532 to the December average rate of 1.5335, the exchange rate registered a net change of -1.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.5672 was down 7.41% compared to the 2018 peak of 1.6926, 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 7,836 BDT
2018 Average 8,044 BDT
Yearly Trough Low 7,484 BDT
Transaction Impact: A difference of 352.32 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.5572
1.5089
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 1.5444, compared to 1.5272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0171 points.

H1 Avg (Jan–Jun) 1.5444
H2 Avg (Jul–Dec) 1.5272

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0422 BDT (High: 1.5643 / Low: 1.5220). On the other end, May was the most stable month, with a tight range of 0.0203 BDT (High: 1.5423 / Low: 1.5220).

June Spread (Volatile) ±0.0422
May Spread (Stable) ±0.0203

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0173 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1.5532) against the same month in 2018 (average: 1.6452), the exchange rate shifted by -0.0920 (-5.59%).

2019 Avg (January) 1.5532
2018 Avg (January) 1.6452

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5672 1.5387 1.5532
February 1.5597 1.5333 1.5474
March 1.5566 1.5280 1.5441
April 1.5551 1.5195 1.5392
May 1.5423 1.5220 1.5329
June 1.5643 1.5220 1.5494
July 1.5655 1.5310 1.5451
August 1.5416 1.5172 1.5278
September 1.5230 1.4968 1.5129
October 1.5377 1.4974 1.5214
November 1.5384 1.5156 1.5228
December 1.5478 1.5179 1.5335