YEARLY HIGH
4.8735 MKD
YEARLY LOW
4.4075 MKD
YEARLY AVERAGE
4.5840 MKD

2021 TJS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TJS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 4.8735. Conversely, the yearly low was recorded on May 25, dropping to 4.4075.

This high-to-low spread represents a total annual volatility of 0.4660 MKD. From a start-to-finish perspective, comparing the January average rate of 4.4509 to the December average rate of 4.8258, the exchange rate registered a net change of 8.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.8735 was down 17.82% compared to the 2020 peak of 5.9301, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TJS based on timing:

Yearly Peak High 24,367 MKD
2020 Average 26,299 MKD
Yearly Trough Low 22,038 MKD
Transaction Impact: A difference of 2,329.92 MKD purely based on transaction execution date.

ट्रेंड विज़ुअलाइज़ेशन

2021 के दौरान महीने के औसत उतार-चढ़ाव।

4.8636
4.4103
JanuMarcMayJulySeptNove

TJS 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 4.4867, compared to 4.6814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1948 points.

H1 Avg (Jan–Jun) 4.4867
H2 Avg (Jul–Dec) 4.6814

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1625 MKD (High: 4.8735 / Low: 4.7110). On the other end, December was the most stable month, with a tight range of 0.0381 MKD (High: 4.8459 / Low: 4.8078).

November Spread (Volatile) ±0.1625
December Spread (Stable) ±0.0381

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0709 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0709

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 4.7892) against the same month in 2020 (average: 4.6700), the exchange rate shifted by +0.1192 (+2.55%).

2021 Avg (November) 4.7892
2020 Avg (November) 4.6700

महीने का ब्रेकडाउन

हर कैलेंडर महीने के लिए स्टैटिस्टिकल समरी।

Month High Low Average
January 4.4796 4.4153 4.4509
February 4.5213 4.4405 4.4723
March 4.6124 4.4734 4.5463
April 4.6042 4.4492 4.5190
May 4.4987 4.4075 4.4481
June 4.5493 4.4196 4.4834
July 4.5933 4.5339 4.5682
August 4.6330 4.5331 4.5921
September 4.6935 4.5710 4.6116
October 4.7242 4.6776 4.7017
November 4.8735 4.7110 4.7892
December 4.8459 4.8078 4.8258