2021 MKD to BMD Historical Review

YEARLY HIGH

0.0200 BMD

YEARLY LOW

0.0182 BMD

YEARLY AVERAGE

0.0192 BMD

2021 MKD to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0200. Conversely, the yearly low was recorded on November 24, dropping to 0.0182.

This high-to-low spread represents a total annual volatility of 0.0018 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0197 to the December average rate of 0.0184, the exchange rate registered a net change of -7.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0200 was up 0.24% compared to the 2020 peak of 0.0200, 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 100 BMD

2020 Average 93 BMD

Yearly Trough Low 91 BMD

Transaction Impact: A difference of 9.15 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0199

0.0182

JanuMarcMayJulySeptNove

MKD to BMD 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 0.0196, compared to 0.0189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0196

H2 Avg (Jul–Dec) 0.0189

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0007 BMD (High: 0.0188 / Low: 0.0182). On the other end, December was the most stable month, with a tight range of 0.0002 BMD (High: 0.0184 / Low: 0.0182).

November Spread (Volatile) ±0.0007

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0197) against the same month in 2020 (average: 0.0181), the exchange rate shifted by +0.0017 (+9.38%).

2021 Avg (January) 0.0197

2020 Avg (January) 0.0181

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0200	0.0196	0.0197
February	0.0198	0.0194	0.0196
March	0.0196	0.0190	0.0193
April	0.0197	0.0191	0.0194
May	0.0199	0.0195	0.0197
June	0.0198	0.0193	0.0196
July	0.0193	0.0191	0.0192
August	0.0193	0.0189	0.0191
September	0.0193	0.0188	0.0191
October	0.0190	0.0187	0.0188
November	0.0188	0.0182	0.0185
December	0.0184	0.0182	0.0184