YEARLY HIGH
0.2269 TJS
YEARLY LOW
0.2052 TJS
YEARLY AVERAGE
0.2183 TJS

2021 MKD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.2269. Conversely, the yearly low was recorded on November 24, dropping to 0.2052.

This high-to-low spread represents a total annual volatility of 0.0217 TJS. From a start-to-finish perspective, comparing the January average rate of 0.2247 to the December average rate of 0.2072, the exchange rate registered a net change of -7.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2269 was up 0.34% compared to the 2020 peak of 0.2261, 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 1,134 TJS
2020 Average 957 TJS
Yearly Trough Low 1,026 TJS
Transaction Impact: A difference of 108.47 TJS purely based on transaction execution date.

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0.2266
0.2055
JanuMarcMayJulySeptNove

MKD to TJS 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 0.2229, compared to 0.2137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.2229
H2 Avg (Jul–Dec) 0.2137

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0076 TJS (High: 0.2248 / Low: 0.2172). On the other end, December was the most stable month, with a tight range of 0.0016 TJS (High: 0.2080 / Low: 0.2064).

April Spread (Volatile) Âą0.0076
December Spread (Stable) Âą0.0016

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 0.0042 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.2248) against the same month in 2020 (average: 0.1814), the exchange rate shifted by +0.0434 (+23.93%).

2021 Avg (May) 0.2248
2020 Avg (May) 0.1814

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Month High Low Average
January 0.2265 0.2232 0.2247
February 0.2252 0.2212 0.2236
March 0.2235 0.2168 0.2200
April 0.2248 0.2172 0.2213
May 0.2269 0.2223 0.2248
June 0.2263 0.2198 0.2231
July 0.2206 0.2177 0.2189
August 0.2206 0.2158 0.2178
September 0.2188 0.2131 0.2169
October 0.2138 0.2117 0.2127
November 0.2123 0.2052 0.2088
December 0.2080 0.2064 0.2072