YEARLY HIGH
1.6926 BDT
YEARLY LOW
1.4668 BDT
YEARLY AVERAGE
1.5715 BDT

2020 MKD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.6926. Conversely, the yearly low was recorded on March 23, dropping to 1.4668.

This high-to-low spread represents a total annual volatility of 0.2259 BDT. From a start-to-finish perspective, comparing the January average rate of 1.5318 to the December average rate of 1.6748, the exchange rate registered a net change of 9.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.6926 was up 8.00% compared to the 2019 peak of 1.5672, 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
2019 Average 7,679 BDT
Yearly Trough Low 7,334 BDT
Transaction Impact: A difference of 1,129.27 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.6926
1.4783
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 1.5180, compared to 1.6249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1069 points.

H1 Avg (Jan–Jun) 1.5180
H2 Avg (Jul–Dec) 1.6249

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1077 BDT (High: 1.5745 / Low: 1.4668). On the other end, October was the most stable month, with a tight range of 0.0227 BDT (High: 1.6322 / Low: 1.6096).

March Spread (Volatile) ±0.1077
October Spread (Stable) ±0.0227

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 January and February, when the average rate fell by 0.0276 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0276

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.6748) against the same month in 2019 (average: 1.5335), the exchange rate shifted by +0.1413 (+9.21%).

2020 Avg (December) 1.6748
2019 Avg (December) 1.5335

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5561 1.5176 1.5318
February 1.5235 1.4879 1.5042
March 1.5745 1.4668 1.5222
April 1.5137 1.4847 1.4962
May 1.5319 1.4881 1.5036
June 1.5664 1.5341 1.5501
July 1.6304 1.5463 1.5762
August 1.6417 1.6171 1.6276
September 1.6395 1.6010 1.6227
October 1.6322 1.6096 1.6191
November 1.6424 1.6023 1.6290
December 1.6926 1.6473 1.6748