2020 THB to MKD Historical Review

YEARLY HIGH

1.8303 MKD

YEARLY LOW

1.6544 MKD

YEARLY AVERAGE

1.7284 MKD

2020 THB to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the THB to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 1.8303. Conversely, the yearly low was recorded on August 20, dropping to 1.6544.

This high-to-low spread represents a total annual volatility of 0.1758 MKD. From a start-to-finish perspective, comparing the January average rate of 1.8207 to the December average rate of 1.6841, the exchange rate registered a net change of -7.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.8303 was down 1.12% compared to the 2019 peak of 1.8509, 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 457,564 MKD

2019 Average 442,993 MKD

Yearly Trough Low 413,607 MKD

Transaction Impact: A difference of 43,956.26 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.8362

1.6513

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 1.7702, compared to 1.6867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0835 points.

H1 Avg (Jan–Jun) 1.7702

H2 Avg (Jul–Dec) 1.6867

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.1024 MKD (High: 1.7647 / Low: 1.6622). On the other end, September was the most stable month, with a tight range of 0.0229 MKD (High: 1.6776 / Low: 1.6548).

July Spread (Volatile) ±0.1024

September Spread (Stable) ±0.0229

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0628 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0628

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.8207) against the same month in 2019 (average: 1.6972), the exchange rate shifted by +0.1235 (+7.28%).

2020 Avg (January) 1.8207

2019 Avg (January) 1.6972

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8303	1.7861	1.8207
February	1.8290	1.7743	1.8016
March	1.7840	1.7037	1.7388
April	1.7661	1.7027	1.7385
May	1.7759	1.7285	1.7622
June	1.7782	1.7326	1.7595
July	1.7647	1.6622	1.7135
August	1.6869	1.6544	1.6694
September	1.6776	1.6548	1.6667
October	1.6955	1.6604	1.6757
November	1.7310	1.6916	1.7107
December	1.7032	1.6725	1.6841