2020 MKD to THB Historical Review

YEARLY HIGH

0.6044 THB

YEARLY LOW

0.5464 THB

YEARLY AVERAGE

0.5791 THB

2020 MKD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 20, valuing the pair at 0.6044. Conversely, the yearly low was recorded on January 10, dropping to 0.5464.

This high-to-low spread represents a total annual volatility of 0.0581 THB. From a start-to-finish perspective, comparing the January average rate of 0.5492 to the December average rate of 0.5938, the exchange rate registered a net change of 8.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6044 was up 0.46% compared to the 2019 peak of 0.6017, 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 3,022 THB

2019 Average 2,824 THB

Yearly Trough Low 2,732 THB

Transaction Impact: A difference of 290.33 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6051

0.5442

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 0.5651, compared to 0.5930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0279 points.

H1 Avg (Jan–Jun) 0.5651

H2 Avg (Jul–Dec) 0.5930

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0349 THB (High: 0.6016 / Low: 0.5667). On the other end, September was the most stable month, with a tight range of 0.0082 THB (High: 0.6043 / Low: 0.5961).

July Spread (Volatile) ±0.0349

September Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0122 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.5990) against the same month in 2019 (average: 0.5557), the exchange rate shifted by +0.0434 (+7.80%).

2020 Avg (August) 0.5990

2019 Avg (August) 0.5557

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5599	0.5464	0.5492
February	0.5636	0.5468	0.5551
March	0.5869	0.5605	0.5752
April	0.5873	0.5662	0.5752
May	0.5785	0.5631	0.5675
June	0.5772	0.5624	0.5684
July	0.6016	0.5667	0.5839
August	0.6044	0.5928	0.5990
September	0.6043	0.5961	0.6000
October	0.6023	0.5898	0.5968
November	0.5912	0.5777	0.5846
December	0.5979	0.5871	0.5938