2021 BTN to MKD Historical Review

YEARLY HIGH

0.7398 MKD

YEARLY LOW

0.6808 MKD

YEARLY AVERAGE

0.7052 MKD

2021 BTN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BTN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.7398. Conversely, the yearly low was recorded on April 26, dropping to 0.6808.

This high-to-low spread represents a total annual volatility of 0.0590 MKD. From a start-to-finish perspective, comparing the January average rate of 0.6927 to the December average rate of 0.7236, the exchange rate registered a net change of 4.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7398 was down 7.35% compared to the 2020 peak of 0.7985, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BTN based on timing:

Yearly Peak High 3,699 MKD

2020 Average 3,651 MKD

Yearly Trough Low 3,404 MKD

Transaction Impact: A difference of 294.81 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7290

0.6893

JanuMarcMayJulySeptNove

BTN to MKD 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 0.6980, compared to 0.7125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0146 points.

H1 Avg (Jan–Jun) 0.6980

H2 Avg (Jul–Dec) 0.7125

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0339 MKD (High: 0.7147 / Low: 0.6808). On the other end, July was the most stable month, with a tight range of 0.0080 MKD (High: 0.7039 / Low: 0.6958).

April Spread (Volatile) ±0.0339

July Spread (Stable) ±0.0080

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 March and April, when the average rate fell by 0.0194 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.7257) against the same month in 2020 (average: 0.7011), the exchange rate shifted by +0.0246 (+3.52%).

2021 Avg (November) 0.7257

2020 Avg (November) 0.7011

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	0.6995	0.6834	0.6927
February	0.7073	0.6957	0.7013
March	0.7230	0.6953	0.7127
April	0.7147	0.6808	0.6933
May	0.6969	0.6837	0.6927
June	0.6997	0.6901	0.6951
July	0.7039	0.6958	0.6995
August	0.7147	0.6957	0.7060
September	0.7170	0.7069	0.7110
October	0.7181	0.7046	0.7092
November	0.7398	0.7092	0.7257
December	0.7322	0.7147	0.7236

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा