2019 THB to MKD Historical Review

YEARLY HIGH

1.8509 MKD

YEARLY LOW

1.6620 MKD

YEARLY AVERAGE

1.7718 MKD

2019 THB to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the THB to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 1.8509. Conversely, the yearly low was recorded on January 1, dropping to 1.6620.

This high-to-low spread represents a total annual volatility of 0.1890 MKD. From a start-to-finish perspective, comparing the January average rate of 1.6972 to the December average rate of 1.8324, the exchange rate registered a net change of 7.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.8509 was up 10.93% compared to the 2018 peak of 1.6686, 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 462,734 MKD

2018 Average 403,625 MKD

Yearly Trough Low 415,490 MKD

Transaction Impact: A difference of 47,243.88 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.8550

1.6829

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 1.7255, compared to 1.8181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0926 points.

H1 Avg (Jan–Jun) 1.7255

H2 Avg (Jul–Dec) 1.8181

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0694 MKD (High: 1.7314 / Low: 1.6620). On the other end, April was the most stable month, with a tight range of 0.0228 MKD (High: 1.7318 / Low: 1.7090).

January Spread (Volatile) ±0.0694

April Spread (Stable) ±0.0228

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0178 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 1.8407) against the same month in 2018 (average: 1.6422), the exchange rate shifted by +0.1985 (+12.09%).

2019 Avg (November) 1.8407

2018 Avg (November) 1.6422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7314	1.6620	1.6972
February	1.7540	1.7146	1.7333
March	1.7294	1.6984	1.7155
April	1.7318	1.7090	1.7201
May	1.7588	1.7183	1.7322
June	1.7757	1.7364	1.7546
July	1.7923	1.7645	1.7744
August	1.8365	1.7788	1.7997
September	1.8433	1.8018	1.8284
October	1.8471	1.8186	1.8332
November	1.8509	1.8259	1.8407
December	1.8472	1.8216	1.8324