2019 MKD to BOB Historical Review

YEARLY HIGH

0.1290 BOB

YEARLY LOW

0.1225 BOB

YEARLY AVERAGE

0.1258 BOB

2019 MKD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.1290. Conversely, the yearly low was recorded on September 26, dropping to 0.1225.

This high-to-low spread represents a total annual volatility of 0.0065 BOB. From a start-to-finish perspective, comparing the January average rate of 0.1280 to the December average rate of 0.1249, the exchange rate registered a net change of -2.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1290 was down 8.08% compared to the 2018 peak of 0.1404, 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 645 BOB

2018 Average 663 BOB

Yearly Trough Low 612 BOB

Transaction Impact: A difference of 32.74 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1284

0.1233

JanuMarcMayJulySeptNove

MKD to BOB 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 0.1268, compared to 0.1247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1268

H2 Avg (Jul–Dec) 0.1247

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0034 BOB (High: 0.1280 / Low: 0.1246). On the other end, May was the most stable month, with a tight range of 0.0013 BOB (High: 0.1262 / Low: 0.1248).

June Spread (Volatile) ±0.0034

May Spread (Stable) ±0.0013

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 0.0014 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.1280) against the same month in 2018 (average: 0.1369), the exchange rate shifted by -0.0089 (-6.53%).

2019 Avg (January) 0.1280

2018 Avg (January) 0.1369

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1290	0.1269	0.1280
February	0.1288	0.1263	0.1274
March	0.1279	0.1259	0.1269
April	0.1274	0.1249	0.1262
May	0.1262	0.1248	0.1255
June	0.1280	0.1246	0.1268
July	0.1280	0.1253	0.1264
August	0.1261	0.1241	0.1250
September	0.1245	0.1225	0.1237
October	0.1254	0.1225	0.1242
November	0.1255	0.1236	0.1242
December	0.1259	0.1236	0.1249