YEARLY HIGH
0.6017 THB
YEARLY LOW
0.5403 THB
YEARLY AVERAGE
0.5649 THB

2019 MKD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6017. Conversely, the yearly low was recorded on November 14, dropping to 0.5403.

This high-to-low spread represents a total annual volatility of 0.0614 THB. From a start-to-finish perspective, comparing the January average rate of 0.5893 to the December average rate of 0.5457, the exchange rate registered a net change of -7.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6017 was down 5.51% compared to the 2018 peak of 0.6368, 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 3,008 THB
2018 Average 3,098 THB
Yearly Trough Low 2,701 THB
Transaction Impact: A difference of 307.16 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5939
0.5387
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 0.5796, compared to 0.5501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0295 points.

H1 Avg (Jan–Jun) 0.5796
H2 Avg (Jul–Dec) 0.5501

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0241 THB (High: 0.6017 / Low: 0.5776). On the other end, November was the most stable month, with a tight range of 0.0074 THB (High: 0.5477 / Low: 0.5403).

January Spread (Volatile) ±0.0241
November Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0123 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.5893) against the same month in 2018 (average: 0.6316), the exchange rate shifted by -0.0423 (-6.70%).

2019 Avg (January) 0.5893
2018 Avg (January) 0.6316

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6017 0.5776 0.5893
February 0.5832 0.5701 0.5770
March 0.5888 0.5782 0.5829
April 0.5851 0.5774 0.5814
May 0.5820 0.5686 0.5773
June 0.5759 0.5632 0.5700
July 0.5667 0.5579 0.5636
August 0.5622 0.5445 0.5557
September 0.5550 0.5425 0.5469
October 0.5499 0.5414 0.5455
November 0.5477 0.5403 0.5433
December 0.5490 0.5414 0.5457