YEARLY HIGH
1.7343 BTN
YEARLY LOW
1.4314 BTN
YEARLY AVERAGE
1.5997 BTN

2025 MKD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2025

During 2025, the MKD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 1.7343. Conversely, the yearly low was recorded on January 2, dropping to 1.4314.

This high-to-low spread represents a total annual volatility of 0.3029 BTN. From a start-to-finish perspective, comparing the January average rate of 1.4508 to the December average rate of 1.7128, the exchange rate registered a net change of 18.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2025 high of 1.7343 was up 13.78% compared to the 2024 peak of 1.5243, 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 8,672 BTN
2024 Average 7,353 BTN
Yearly Trough Low 7,157 BTN
Transaction Impact: A difference of 1,514.73 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2025.

1.7390
1.4246
JanuMarcMayJulySeptNove

MKD to BTN 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 1.5290, compared to 1.6705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1414 points.

H1 Avg (Jan–Jun) 1.5290
H2 Avg (Jul–Dec) 1.6705

Volatility Range Comparison

Volatility

The most volatile month in 2025 was April, with a trading range of 0.0864 BTN (High: 1.5889 / Low: 1.5025). On the other end, November was the most stable month, with a tight range of 0.0282 BTN (High: 1.6831 / Low: 1.6549).

April Spread (Volatile) ±0.0864
November Spread (Stable) ±0.0282

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0130 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2025: 1.7128) against the same month in 2024 (average: 1.4464), the exchange rate shifted by +0.2664 (+18.42%).

2025 Avg (December) 1.7128
2024 Avg (December) 1.4464

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4707 1.4314 1.4508
February 1.4896 1.4497 1.4722
March 1.5470 1.4741 1.5188
April 1.5889 1.5025 1.5609
May 1.5813 1.5284 1.5622
June 1.6436 1.5780 1.6092
July 1.6531 1.6197 1.6348
August 1.6713 1.6214 1.6550
September 1.7016 1.6679 1.6823
October 1.6933 1.6494 1.6694
November 1.6831 1.6549 1.6683
December 1.7343 1.6890 1.7128