YEARLY HIGH
0.6420 THB
YEARLY LOW
0.5824 THB
YEARLY AVERAGE
0.6137 THB

2021 MKD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.6420. Conversely, the yearly low was recorded on February 6, dropping to 0.5824.

This high-to-low spread represents a total annual volatility of 0.0595 THB. From a start-to-finish perspective, comparing the January average rate of 0.5927 to the December average rate of 0.6156, the exchange rate registered a net change of 3.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6420 was up 6.21% compared to the 2020 peak of 0.6044, 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 3,210 THB
2020 Average 2,896 THB
Yearly Trough Low 2,912 THB
Transaction Impact: A difference of 297.75 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6365
0.5849
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: JanтАУJun) was 0.6025, compared to 0.6250 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0225 points.

H1 Avg (JanтАУJun) 0.6025
H2 Avg (JulтАУDec) 0.6250

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0287 THB (High: 0.6272 / Low: 0.5985). On the other end, March was the most stable month, with a tight range of 0.0067 THB (High: 0.5976 / Low: 0.5909).

November Spread (Volatile) ┬▒0.0287
March Spread (Stable) ┬▒0.0067

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 0.0175 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 0.6322) against the same month in 2020 (average: 0.6000), the exchange rate shifted by +0.0321 (+5.36%).

2021 Avg (September) 0.6322
2020 Avg (September) 0.6000

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.5988 0.5873 0.5927
February 0.6023 0.5824 0.5892
March 0.5976 0.5909 0.5941
April 0.6176 0.5949 0.6081
May 0.6240 0.6067 0.6164
June 0.6205 0.6076 0.6144
July 0.6361 0.6180 0.6267
August 0.6401 0.6176 0.6320
September 0.6420 0.6214 0.6322
October 0.6373 0.6230 0.6304
November 0.6272 0.5985 0.6129
December 0.6219 0.6080 0.6156