2017 MKD to TZS Historical Review

YEARLY HIGH

46.7561 TZS

YEARLY LOW

36.8956 TZS

YEARLY AVERAGE

41.0435 TZS

2017 MKD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 46.7561. Conversely, the yearly low was recorded on January 3, dropping to 36.8956.

This high-to-low spread represents a total annual volatility of 9.8605 TZS. From a start-to-finish perspective, comparing the January average rate of 38.3023 to the December average rate of 43.1265, the exchange rate registered a net change of 12.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 46.7561 was up 14.64% compared to the 2016 peak of 40.7862, 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 233,780 TZS

2016 Average 196,410 TZS

Yearly Trough Low 184,478 TZS

Transaction Impact: A difference of 49,302.60 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

43.9166

37.7919

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 39.1918, compared to 42.8953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7035 points.

H1 Avg (Jan–Jun) 39.1918

H2 Avg (Jul–Dec) 42.8953

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 4.6374 TZS (High: 46.7561 / Low: 42.1187). On the other end, October was the most stable month, with a tight range of 0.9534 TZS (High: 43.3206 / Low: 42.3671).

November Spread (Volatile) ±4.6374

October Spread (Stable) ±0.9534

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.5247 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.5247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 43.1734) against the same month in 2016 (average: 38.2577), the exchange rate shifted by +4.9158 (+12.85%).

2017 Avg (November) 43.1734

2016 Avg (November) 38.2577

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.3152	36.8956	38.3023
February	39.0614	38.1054	38.5168
March	39.1759	38.0566	38.6432
April	39.7500	38.3596	38.8570
May	40.8269	39.4306	40.1497
June	41.5013	40.3620	40.6817
July	42.8435	41.2008	41.8774
August	43.6368	42.5245	42.9069
September	43.9443	42.8100	43.4062
October	43.3206	42.3671	42.8815
November	46.7561	42.1187	43.1734
December	43.8008	42.6456	43.1265