YEARLY HIGH
28.2177 MKD
YEARLY LOW
26.7844 MKD
YEARLY AVERAGE
27.4798 MKD

2019 BBD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BBD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 28.2177. Conversely, the yearly low was recorded on January 9, dropping to 26.7844.

This high-to-low spread represents a total annual volatility of 1.4333 MKD. From a start-to-finish perspective, comparing the January average rate of 26.9857 to the December average rate of 27.6757, the exchange rate registered a net change of 2.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 28.2177 was up 3.32% compared to the 2018 peak of 27.3111, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 141,089 MKD
2018 Average 130,440 MKD
Yearly Trough Low 133,922 MKD
Transaction Impact: A difference of 7,166.68 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

28.0158
26.8921
JanuMarcMayJulySeptNove

BBD 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 27.2531, compared to 27.7064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4533 points.

H1 Avg (Jan–Jun) 27.2531
H2 Avg (Jul–Dec) 27.7064

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.6568 MKD (High: 27.6610 / Low: 27.0042). On the other end, May was the most stable month, with a tight range of 0.2840 MKD (High: 27.6716 / Low: 27.3876).

June Spread (Volatile) ±0.6568
May Spread (Stable) ±0.2840

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.2696 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2696

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 27.9221) against the same month in 2018 (average: 26.4296), the exchange rate shifted by +1.4925 (+5.65%).

2019 Avg (September) 27.9221
2018 Avg (September) 26.4296

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.0907 26.7844 26.9857
February 27.3715 26.8342 27.1348
March 27.4127 27.0113 27.2110
April 27.6264 27.1391 27.3928
May 27.6716 27.3876 27.5320
June 27.6610 27.0042 27.2624
July 27.5896 27.0975 27.3470
August 27.8449 27.3450 27.6343
September 28.2177 27.6219 27.9221
October 28.1302 27.5631 27.8224
November 27.9575 27.5529 27.8370
December 27.9085 27.4185 27.6757