YEARLY HIGH
1.6686 MKD
YEARLY LOW
1.5704 MKD
YEARLY AVERAGE
1.6143 MKD

2018 THB to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the THB to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.6686. Conversely, the yearly low was recorded on February 4, dropping to 1.5704.

This high-to-low spread represents a total annual volatility of 0.0982 MKD. From a start-to-finish perspective, comparing the January average rate of 1.5833 to the December average rate of 1.6542, the exchange rate registered a net change of 4.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.6686 was down 1.24% compared to the 2017 peak of 1.6897, 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 417,156 MKD
2017 Average 402,300 MKD
Yearly Trough Low 392,601 MKD
Transaction Impact: A difference of 24,555.20 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.6613
1.5762
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 1.6030, compared to 1.6257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0226 points.

H1 Avg (Jan–Jun) 1.6030
H2 Avg (Jul–Dec) 1.6257

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0577 MKD (High: 1.6503 / Low: 1.5926). On the other end, July was the most stable month, with a tight range of 0.0213 MKD (High: 1.5971 / Low: 1.5758).

June Spread (Volatile) ±0.0577
July Spread (Stable) ±0.0213

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0360 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.6542) against the same month in 2017 (average: 1.5932), the exchange rate shifted by +0.0610 (+3.83%).

2018 Avg (December) 1.6542
2017 Avg (December) 1.5932

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6030 1.5722 1.5833
February 1.6038 1.5704 1.5846
March 1.6113 1.5815 1.5968
April 1.6163 1.5944 1.6031
May 1.6622 1.6097 1.6302
June 1.6503 1.5926 1.6201
July 1.5971 1.5758 1.5841
August 1.6308 1.5918 1.6162
September 1.6433 1.6125 1.6219
October 1.6483 1.6176 1.6352
November 1.6585 1.6317 1.6422
December 1.6686 1.6390 1.6542