2014 MKD to TZS Historical Review

YEARLY HIGH

37.2486 TZS

YEARLY LOW

33.8053 TZS

YEARLY AVERAGE

35.8790 TZS

2014 MKD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 37.2486. Conversely, the yearly low was recorded on December 23, dropping to 33.8053.

This high-to-low spread represents a total annual volatility of 3.4433 TZS. From a start-to-finish perspective, comparing the January average rate of 35.6246 to the December average rate of 34.5696, the exchange rate registered a net change of -2.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 37.2486 was up 2.60% compared to the 2013 peak of 36.3036, 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 186,243 TZS

2013 Average 173,733 TZS

Yearly Trough Low 169,026 TZS

Transaction Impact: A difference of 17,216.52 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

37.2400

34.3269

JanuMarcMayJulySeptNove

MKD to TZS 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 36.4476, compared to 35.3103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1373 points.

H1 Avg (Jan–Jun) 36.4476

H2 Avg (Jul–Dec) 35.3103

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 1.4407 TZS (High: 35.2459 / Low: 33.8053). On the other end, July was the most stable month, with a tight range of 0.3509 TZS (High: 36.7868 / Low: 36.4359).

December Spread (Volatile) ±1.4407

July Spread (Stable) ±0.3509

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.0547 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.0547

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 36.8623) against the same month in 2013 (average: 34.2920), the exchange rate shifted by +2.5704 (+7.50%).

2014 Avg (May) 36.8623

2013 Avg (May) 34.2920

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.9947	35.0645	35.6246
February	36.3056	35.5286	35.9356
March	36.8829	36.2843	36.6165
April	37.0033	36.2061	36.6494
May	37.2486	36.6103	36.8623
June	37.2244	36.5868	36.9972
July	36.7868	36.4359	36.6139
August	36.5013	35.7257	36.0659
September	35.6229	34.2899	35.0112
October	35.2798	34.2855	34.7838
November	35.2326	34.3067	34.8173
December	35.2459	33.8053	34.5696