YEARLY HIGH
1.6954 BDT
YEARLY LOW
1.5600 BDT
YEARLY AVERAGE
1.6338 BDT

2021 MKD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.6954. Conversely, the yearly low was recorded on November 24, dropping to 1.5600.

This high-to-low spread represents a total annual volatility of 0.1355 BDT. From a start-to-finish perspective, comparing the January average rate of 1.6749 to the December average rate of 1.5743, the exchange rate registered a net change of -6.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.6954 was up 0.17% compared to the 2020 peak of 1.6926, 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 8,477 BDT
2020 Average 7,859 BDT
Yearly Trough Low 7,800 BDT
Transaction Impact: A difference of 677.33 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.6850
1.5643
JanuMarcMayJulySeptNove

MKD to BDT 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 1.6580, compared to 1.6096 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0484 points.

H1 Avg (JanтАУJun) 1.6580
H2 Avg (JulтАУDec) 1.6096

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0563 BDT (High: 1.6163 / Low: 1.5600). On the other end, December was the most stable month, with a tight range of 0.0128 BDT (High: 1.5806 / Low: 1.5678).

November Spread (Volatile) ┬▒0.0563
December Spread (Stable) ┬▒0.0128

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0301 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0301

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.6749) against the same month in 2020 (average: 1.5318), the exchange rate shifted by +0.1431 (+9.34%).

2021 Avg (January) 1.6749
2020 Avg (January) 1.5318

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 1.6954 1.6605 1.6749
February 1.6758 1.6457 1.6634
March 1.6635 1.6117 1.6356
April 1.6713 1.6152 1.6447
May 1.6869 1.6526 1.6715
June 1.6823 1.6345 1.6581
July 1.6419 1.6198 1.6279
August 1.6422 1.6133 1.6234
September 1.6437 1.6099 1.6313
October 1.6243 1.6018 1.6125
November 1.6163 1.5600 1.5882
December 1.5806 1.5678 1.5743