YEARLY HIGH
0.0070 BHD
YEARLY LOW
0.0067 BHD
YEARLY AVERAGE
0.0069 BHD

2019 MKD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0070. Conversely, the yearly low was recorded on September 26, dropping to 0.0067.

This high-to-low spread represents a total annual volatility of 0.0004 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0070 to the December average rate of 0.0068, the exchange rate registered a net change of -2.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0070 was down 8.11% compared to the 2018 peak of 0.0077, 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 35 BHD
2018 Average 36 BHD
Yearly Trough Low 33 BHD
Transaction Impact: A difference of 1.79 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0070
0.0067
JanuMarcMayJulySeptNove

MKD to BHD 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 0.0069, compared to 0.0068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0069
H2 Avg (Jul–Dec) 0.0068

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0002 BHD (High: 0.0070 / Low: 0.0068). On the other end, May was the most stable month, with a tight range of 0.0001 BHD (High: 0.0069 / Low: 0.0068).

June Spread (Volatile) ±0.0002
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0070) against the same month in 2018 (average: 0.0075), the exchange rate shifted by -0.0005 (-6.47%).

2019 Avg (January) 0.0070
2018 Avg (January) 0.0075

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0070 0.0070 0.0070
February 0.0070 0.0069 0.0069
March 0.0070 0.0069 0.0069
April 0.0069 0.0068 0.0069
May 0.0069 0.0068 0.0068
June 0.0070 0.0068 0.0069
July 0.0070 0.0068 0.0069
August 0.0069 0.0068 0.0068
September 0.0068 0.0067 0.0067
October 0.0068 0.0067 0.0068
November 0.0068 0.0067 0.0068
December 0.0069 0.0068 0.0068