2018 MKD to TZS Historical Review

YEARLY HIGH

45.8156 TZS

YEARLY LOW

41.9186 TZS

YEARLY AVERAGE

43.6834 TZS

2018 MKD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 45.8156. Conversely, the yearly low was recorded on November 13, dropping to 41.9186.

This high-to-low spread represents a total annual volatility of 3.8970 TZS. From a start-to-finish perspective, comparing the January average rate of 44.5186 to the December average rate of 42.5565, the exchange rate registered a net change of -4.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 45.8156 was down 2.01% compared to the 2017 peak of 46.7561, 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 229,078 TZS

2017 Average 205,295 TZS

Yearly Trough Low 209,593 TZS

Transaction Impact: A difference of 19,484.99 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

45.5848

42.1383

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 44.5532, compared to 42.8137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7395 points.

H1 Avg (Jan–Jun) 44.5532

H2 Avg (Jul–Dec) 42.8137

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 1.9924 TZS (High: 44.7077 / Low: 42.7152). On the other end, July was the most stable month, with a tight range of 0.4224 TZS (High: 43.4343 / Low: 43.0119).

June Spread (Volatile) ±1.9924

July Spread (Stable) ±0.4224

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 April and May, when the average rate fell by 1.4945 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.4945

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 45.2976) against the same month in 2017 (average: 38.8570), the exchange rate shifted by +6.4406 (+16.58%).

2018 Avg (April) 45.2976

2017 Avg (April) 38.8570

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.4155	43.4912	44.5186
February	45.8040	44.5926	45.1726
March	45.6930	44.9030	45.1963
April	45.8156	44.8038	45.2976
May	44.7518	42.7621	43.8031
June	44.7077	42.7152	43.3310
July	43.4343	43.0119	43.2255
August	43.4550	42.0165	42.7673
September	43.6535	42.8596	43.2152
October	43.1048	42.1150	42.6921
November	42.8415	41.9186	42.4255
December	42.8601	42.1686	42.5565