YEARLY HIGH
0.6368 THB
YEARLY LOW
0.5993 THB
YEARLY AVERAGE
0.6196 THB

2018 MKD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.6368. Conversely, the yearly low was recorded on December 31, dropping to 0.5993.

This high-to-low spread represents a total annual volatility of 0.0375 THB. From a start-to-finish perspective, comparing the January average rate of 0.6316 to the December average rate of 0.6045, the exchange rate registered a net change of -4.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6368 was down 1.69% compared to the 2017 peak of 0.6477, 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 3,184 THB
2017 Average 3,109 THB
Yearly Trough Low 2,996 THB
Transaction Impact: A difference of 187.41 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6343
0.6018
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 0.6239, compared to 0.6153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.6239
H2 Avg (Jul–Dec) 0.6153

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0219 THB (High: 0.6279 / Low: 0.6060). On the other end, July was the most stable month, with a tight range of 0.0085 THB (High: 0.6346 / Low: 0.6261).

June Spread (Volatile) ±0.0219
July Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.0125 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.6311) against the same month in 2017 (average: 0.6048), the exchange rate shifted by +0.0262 (+4.34%).

2018 Avg (February) 0.6311
2017 Avg (February) 0.6048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6361 0.6238 0.6316
February 0.6368 0.6235 0.6311
March 0.6323 0.6206 0.6263
April 0.6272 0.6187 0.6238
May 0.6212 0.6016 0.6135
June 0.6279 0.6060 0.6173
July 0.6346 0.6261 0.6313
August 0.6282 0.6132 0.6188
September 0.6202 0.6085 0.6166
October 0.6182 0.6067 0.6116
November 0.6129 0.6029 0.6090
December 0.6101 0.5993 0.6045