2016 MKD to TZS Historical Review

YEARLY HIGH

40.7862 TZS

YEARLY LOW

36.7116 TZS

YEARLY AVERAGE

39.2857 TZS

2016 MKD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 40.7862. Conversely, the yearly low was recorded on December 20, dropping to 36.7116.

This high-to-low spread represents a total annual volatility of 4.0746 TZS. From a start-to-finish perspective, comparing the January average rate of 38.5040 to the December average rate of 37.2955, the exchange rate registered a net change of -3.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 40.7862 was down 2.95% compared to the 2015 peak of 42.0241, 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 203,931 TZS

2015 Average 183,787 TZS

Yearly Trough Low 183,558 TZS

Transaction Impact: A difference of 20,372.88 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

40.5500

36.9996

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 39.6386, compared to 38.9328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7057 points.

H1 Avg (Jan–Jun) 39.6386

H2 Avg (Jul–Dec) 38.9328

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 2.0077 TZS (High: 39.4201 / Low: 37.4124). On the other end, September was the most stable month, with a tight range of 0.2726 TZS (High: 39.8340 / Low: 39.5615).

November Spread (Volatile) ±2.0077

September Spread (Stable) ±0.2726

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.9622 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9622

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 40.1204) against the same month in 2015 (average: 36.6355), the exchange rate shifted by +3.4849 (+9.51%).

2016 Avg (May) 40.1204

2015 Avg (May) 36.6355

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.7783	38.0775	38.5040
February	40.0982	38.6212	39.4226
March	40.3267	38.6330	39.5100
April	40.5259	39.8727	40.2541
May	40.7862	39.5353	40.1204
June	40.6001	39.1888	40.0203
July	39.7828	39.0700	39.3992
August	40.2585	39.3366	39.7926
September	39.8340	39.5615	39.7145
October	39.8029	38.6200	39.1376
November	39.4201	37.4124	38.2577
December	38.0399	36.7116	37.2955