2019 MKD to BZD Historical Review

YEARLY HIGH

0.0376 BZD

YEARLY LOW

0.0357 BZD

YEARLY AVERAGE

0.0367 BZD

2019 MKD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0376. Conversely, the yearly low was recorded on September 26, dropping to 0.0357.

This high-to-low spread represents a total annual volatility of 0.0019 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0373 to the December average rate of 0.0364, the exchange rate registered a net change of -2.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0376 was down 7.79% compared to the 2018 peak of 0.0408, 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 188 BZD

2018 Average 193 BZD

Yearly Trough Low 179 BZD

Transaction Impact: A difference of 9.68 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0374

0.0360

JanuMarcMayJulySeptNove

MKD to BZD 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 0.0370, compared to 0.0364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0370

H2 Avg (Jul–Dec) 0.0364

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0010 BZD (High: 0.0373 / Low: 0.0363). On the other end, May was the most stable month, with a tight range of 0.0004 BZD (High: 0.0368 / Low: 0.0364).

June Spread (Volatile) ±0.0010

May Spread (Stable) ±0.0004

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 0.0004 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0373) against the same month in 2018 (average: 0.0398), the exchange rate shifted by -0.0025 (-6.26%).

2019 Avg (January) 0.0373

2018 Avg (January) 0.0398

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0376	0.0370	0.0373
February	0.0376	0.0368	0.0371
March	0.0373	0.0365	0.0370
April	0.0371	0.0364	0.0368
May	0.0368	0.0364	0.0366
June	0.0373	0.0363	0.0370
July	0.0373	0.0365	0.0369
August	0.0368	0.0362	0.0364
September	0.0363	0.0357	0.0361
October	0.0366	0.0357	0.0362
November	0.0366	0.0360	0.0362
December	0.0368	0.0360	0.0364