YEARLY HIGH
0.6410 MKD
YEARLY LOW
0.5898 MKD
YEARLY AVERAGE
0.6123 MKD

2021 BDT to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BDT to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.6410. Conversely, the yearly low was recorded on January 6, dropping to 0.5898.

This high-to-low spread represents a total annual volatility of 0.0512 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5971 to the December average rate of 0.6352, the exchange rate registered a net change of 6.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6410 was down 5.97% compared to the 2020 peak of 0.6818, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,205 MKD
2020 Average 3,186 MKD
Yearly Trough Low 2,949 MKD
Transaction Impact: A difference of 256.09 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6390
0.5933
JanuMarcMayJulySeptNove

BDT 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 0.6032, compared to 0.6214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0182 points.

H1 Avg (Jan–Jun) 0.6032
H2 Avg (Jul–Dec) 0.6214

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0223 MKD (High: 0.6410 / Low: 0.6187). On the other end, December was the most stable month, with a tight range of 0.0052 MKD (High: 0.6378 / Low: 0.6327).

November Spread (Volatile) ±0.0223
December Spread (Stable) ±0.0052

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 0.0098 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.6297) against the same month in 2020 (average: 0.6139), the exchange rate shifted by +0.0158 (+2.58%).

2021 Avg (November) 0.6297
2020 Avg (November) 0.6139

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6022 0.5898 0.5971
February 0.6077 0.5967 0.6012
March 0.6205 0.6011 0.6114
April 0.6191 0.5984 0.6081
May 0.6051 0.5928 0.5983
June 0.6118 0.5944 0.6032
July 0.6174 0.6091 0.6143
August 0.6199 0.6090 0.6160
September 0.6211 0.6084 0.6130
October 0.6243 0.6157 0.6202
November 0.6410 0.6187 0.6297
December 0.6378 0.6327 0.6352