YEARLY HIGH
0.0075 BHD
YEARLY LOW
0.0069 BHD
YEARLY AVERAGE
0.0072 BHD

2021 MKD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0075. Conversely, the yearly low was recorded on November 24, dropping to 0.0069.

This high-to-low spread represents a total annual volatility of 0.0007 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0074 to the December average rate of 0.0069, the exchange rate registered a net change of -7.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0075 was up 0.23% compared to the 2020 peak of 0.0075, 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 38 BHD
2020 Average 35 BHD
Yearly Trough Low 34 BHD
Transaction Impact: A difference of 3.45 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0075
0.0069
JanuMarcMayJulySeptNove

MKD to BHD 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 0.0074, compared to 0.0071 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0003 points.

H1 Avg (JanтАУJun) 0.0074
H2 Avg (JulтАУDec) 0.0071

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0003 BHD (High: 0.0071 / Low: 0.0069). On the other end, December was the most stable month, with a tight range of 0.0001 BHD (High: 0.0069 / Low: 0.0069).

November Spread (Volatile) ┬▒0.0003
December Spread (Stable) ┬▒0.0001

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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0074) against the same month in 2020 (average: 0.0068), the exchange rate shifted by +0.0006 (+9.38%).

2021 Avg (January) 0.0074
2020 Avg (January) 0.0068

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 0.0075 0.0074 0.0074
February 0.0075 0.0073 0.0074
March 0.0074 0.0072 0.0073
April 0.0074 0.0072 0.0073
May 0.0075 0.0073 0.0074
June 0.0075 0.0073 0.0074
July 0.0073 0.0072 0.0072
August 0.0073 0.0071 0.0072
September 0.0073 0.0071 0.0072
October 0.0071 0.0071 0.0071
November 0.0071 0.0069 0.0070
December 0.0069 0.0069 0.0069