YEARLY HIGH
0.2737 BWP
YEARLY LOW
0.2321 BWP
YEARLY AVERAGE
0.2498 BWP

2025 MKD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2025

During 2025, the MKD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 0.2737. Conversely, the yearly low was recorded on February 10, dropping to 0.2321.

This high-to-low spread represents a total annual volatility of 0.0416 BWP. From a start-to-finish perspective, comparing the January average rate of 0.2346 to the December average rate of 0.2533, the exchange rate registered a net change of 7.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2025 high of 0.2737 was up 10.72% compared to the 2024 peak of 0.2472, 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 1,368 BWP
2024 Average 1,192 BWP
Yearly Trough Low 1,160 BWP
Transaction Impact: A difference of 208.01 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2025.

0.2615
0.2319
JanuMarcMayJulySeptNove

MKD to BWP 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 0.2434, compared to 0.2562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 0.2434
H2 Avg (Jul–Dec) 0.2562

Volatility Range Comparison

Volatility

The most volatile month in 2025 was September, with a trading range of 0.0198 BWP (High: 0.2737 / Low: 0.2538). On the other end, February was the most stable month, with a tight range of 0.0041 BWP (High: 0.2361 / Low: 0.2321).

September Spread (Volatile) ±0.0198
February Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between May and September, 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 April and May, when the average rate fell by 0.0042 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2025: 0.2590) against the same month in 2024 (average: 0.2390), the exchange rate shifted by +0.0200 (+8.39%).

2025 Avg (September) 0.2590
2024 Avg (September) 0.2390

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2367 0.2321 0.2346
February 0.2361 0.2321 0.2344
March 0.2427 0.2333 0.2399
April 0.2571 0.2407 0.2523
May 0.2528 0.2450 0.2482
June 0.2549 0.2476 0.2509
July 0.2711 0.2527 0.2552
August 0.2685 0.2531 0.2553
September 0.2737 0.2538 0.2590
October 0.2700 0.2506 0.2577
November 0.2689 0.2513 0.2569
December 0.2685 0.2505 0.2533