2019 MKD to TJS Historical Review

YEARLY HIGH

0.1766 TJS

YEARLY LOW

0.1699 TJS

YEARLY AVERAGE

0.1733 TJS

2019 MKD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1766. Conversely, the yearly low was recorded on August 19, dropping to 0.1699.

This high-to-low spread represents a total annual volatility of 0.0067 TJS. From a start-to-finish perspective, comparing the January average rate of 0.1747 to the December average rate of 0.1750, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1766 was down 2.04% compared to the 2018 peak of 0.1803, 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 883 TJS

2018 Average 877 TJS

Yearly Trough Low 850 TJS

Transaction Impact: A difference of 33.57 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1754

0.1710

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 0.1731, compared to 0.1736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1731

H2 Avg (Jul–Dec) 0.1736

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0052 TJS (High: 0.1751 / Low: 0.1699). On the other end, May was the most stable month, with a tight range of 0.0019 TJS (High: 0.1723 / Low: 0.1704).

August Spread (Volatile) ±0.0052

May Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between August and October, 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 March and April, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.1750) against the same month in 2018 (average: 0.1742), the exchange rate shifted by +0.0008 (+0.48%).

2019 Avg (December) 0.1750

2018 Avg (December) 0.1742

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1762	0.1733	0.1747
February	0.1758	0.1724	0.1739
March	0.1747	0.1720	0.1733
April	0.1736	0.1707	0.1722
May	0.1723	0.1704	0.1713
June	0.1746	0.1701	0.1730
July	0.1749	0.1710	0.1725
August	0.1751	0.1699	0.1723
September	0.1746	0.1716	0.1735
October	0.1758	0.1717	0.1741
November	0.1758	0.1733	0.1741
December	0.1766	0.1733	0.1750