YEARLY HIGH
1.6897 MKD
YEARLY LOW
1.5439 MKD
YEARLY AVERAGE
1.6096 MKD

2017 THB to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the THB to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 1.6897. Conversely, the yearly low was recorded on September 10, dropping to 1.5439.

This high-to-low spread represents a total annual volatility of 0.1457 MKD. From a start-to-finish perspective, comparing the January average rate of 1.6322 to the December average rate of 1.5932, the exchange rate registered a net change of -2.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.6897 was up 2.40% compared to the 2016 peak of 1.6500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 422,413 MKD
2016 Average 394,336 MKD
Yearly Trough Low 385,983 MKD
Transaction Impact: A difference of 36,429.76 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.6793
1.5475
JanuMarcMayJulySeptNove

THB to MKD 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 1.6399, compared to 1.5793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0606 points.

H1 Avg (Jan–Jun) 1.6399
H2 Avg (Jul–Dec) 1.5793

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0616 MKD (High: 1.6897 / Low: 1.6281). On the other end, January was the most stable month, with a tight range of 0.0232 MKD (High: 1.6459 / Low: 1.6227).

April Spread (Volatile) ±0.0616
January Spread (Stable) ±0.0232

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0519 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0519

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 1.6683) against the same month in 2016 (average: 1.5517), the exchange rate shifted by +0.1166 (+7.52%).

2017 Avg (April) 1.6683
2016 Avg (April) 1.5517

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6459 1.6227 1.6322
February 1.6708 1.6276 1.6535
March 1.6832 1.6355 1.6536
April 1.6897 1.6281 1.6683
May 1.6362 1.5972 1.6164
June 1.6264 1.5905 1.6152
July 1.5968 1.5699 1.5845
August 1.5799 1.5474 1.5694
September 1.5753 1.5439 1.5585
October 1.5963 1.5646 1.5768
November 1.6040 1.5791 1.5931
December 1.6108 1.5748 1.5932