2021 BHD to MKD Historical Review

YEARLY HIGH

145.9152 MKD

YEARLY LOW

132.5623 MKD

YEARLY AVERAGE

138.1812 MKD

2021 BHD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BHD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 145.9152. Conversely, the yearly low was recorded on January 6, dropping to 132.5623.

This high-to-low spread represents a total annual volatility of 13.3529 MKD. From a start-to-finish perspective, comparing the January average rate of 134.2992 to the December average rate of 144.5357, the exchange rate registered a net change of 7.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 145.9152 was down 4.46% compared to the 2020 peak of 152.7336, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 729,576 MKD

2020 Average 716,627 MKD

Yearly Trough Low 662,811 MKD

Transaction Impact: A difference of 66,764.70 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

145.5594

133.2755

JanuMarcMayJulySeptNove

BHD 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 135.6277, compared to 140.7348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1071 points.

H1 Avg (Jan–Jun) 135.6277

H2 Avg (Jul–Dec) 140.7348

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 5.1775 MKD (High: 145.9152 / Low: 140.7377). On the other end, December was the most stable month, with a tight range of 1.1548 MKD (High: 145.1554 / Low: 144.0007).

November Spread (Volatile) ±5.1775

December Spread (Stable) ±1.1548

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 2.0953 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.0953

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 143.2665) against the same month in 2020 (average: 138.0533), the exchange rate shifted by +5.2132 (+3.78%).

2021 Avg (November) 143.2665

2020 Avg (November) 138.0533

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	135.4305	132.5623	134.2992
February	136.6106	134.0958	135.1826
March	139.4635	135.2611	137.4075
April	139.1595	134.5552	136.6569
May	136.1326	133.2840	134.5616
June	137.6722	133.7066	135.6582
July	138.9337	137.1163	138.1559
August	139.9707	137.0918	138.9024
September	141.1324	137.4750	138.6996
October	141.8035	139.8960	140.8485
November	145.9152	140.7377	143.2665
December	145.1554	144.0007	144.5357

2021 BHD నుండి MKD చారిత్రక సమీక్ష