YEARLY HIGH
27.2842 MKD
YEARLY LOW
24.8118 MKD
YEARLY AVERAGE
25.8455 MKD

2021 BZD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BZD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 27.2842. Conversely, the yearly low was recorded on January 6, dropping to 24.8118.

This high-to-low spread represents a total annual volatility of 2.4724 MKD. From a start-to-finish perspective, comparing the January average rate of 25.1102 to the December average rate of 27.0300, the exchange rate registered a net change of 7.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 27.2842 was down 5.17% compared to the 2020 peak of 28.7724, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 136,421 MKD
2020 Average 134,160 MKD
Yearly Trough Low 124,059 MKD
Transaction Impact: A difference of 12,362.06 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

27.2220
24.9183
JanuMarcMayJulySeptNove

BZD 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: JanтАУJun) was 25.3663, compared to 26.3248 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.9584 points.

H1 Avg (JanтАУJun) 25.3663
H2 Avg (JulтАУDec) 26.3248

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.9563 MKD (High: 27.2842 / Low: 26.3279). On the other end, December was the most stable month, with a tight range of 0.2171 MKD (High: 27.1425 / Low: 26.9254).

November Spread (Volatile) ┬▒0.9563
December Spread (Stable) ┬▒0.2171

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.4028 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 26.8099) against the same month in 2020 (average: 25.8289), the exchange rate shifted by +0.9810 (+3.80%).

2021 Avg (November) 26.8099
2020 Avg (November) 25.8289

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 25.3057 24.8118 25.1102
February 25.5601 25.1028 25.2822
March 26.0866 25.2883 25.7102
April 26.0440 25.1711 25.5653
May 25.4572 24.9385 25.1625
June 25.7393 25.0065 25.3676
July 25.9889 25.6672 25.8478
August 26.1690 25.6493 25.9773
September 26.3937 25.7137 25.9367
October 26.5189 26.1680 26.3469
November 27.2842 26.3279 26.8099
December 27.1425 26.9254 27.0300