YEARLY HIGH
0.6545 THB
YEARLY LOW
0.6060 THB
YEARLY AVERAGE
0.6342 THB

2016 MKD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.6545. Conversely, the yearly low was recorded on December 19, dropping to 0.6060.

This high-to-low spread represents a total annual volatility of 0.0484 THB. From a start-to-finish perspective, comparing the January average rate of 0.6375 to the December average rate of 0.6129, the exchange rate registered a net change of -3.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6545 was down 2.26% compared to the 2015 peak of 0.6696, 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 3,272 THB
2015 Average 3,091 THB
Yearly Trough Low 3,030 THB
Transaction Impact: A difference of 242.17 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6525
0.6093
JanuMarcMayJulySeptNove

MKD to THB 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 0.6423, compared to 0.6261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0162 points.

H1 Avg (Jan–Jun) 0.6423
H2 Avg (Jul–Dec) 0.6261

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0211 THB (High: 0.6507 / Low: 0.6296). On the other end, September was the most stable month, with a tight range of 0.0091 THB (High: 0.6375 / Low: 0.6284).

February Spread (Volatile) ±0.0211
September Spread (Stable) ±0.0091

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 0.0140 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.6489) against the same month in 2015 (average: 0.6074), the exchange rate shifted by +0.0416 (+6.84%).

2016 Avg (May) 0.6489
2015 Avg (May) 0.6074

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6442 0.6287 0.6375
February 0.6507 0.6296 0.6424
March 0.6482 0.6276 0.6362
April 0.6521 0.6365 0.6445
May 0.6545 0.6376 0.6489
June 0.6514 0.6333 0.6443
July 0.6350 0.6240 0.6303
August 0.6373 0.6279 0.6323
September 0.6375 0.6284 0.6322
October 0.6384 0.6184 0.6287
November 0.6332 0.6123 0.6204
December 0.6225 0.6060 0.6129