2019 MKD to TZS Historical Review

YEARLY HIGH

43.4201 TZS

YEARLY LOW

40.7249 TZS

YEARLY AVERAGE

41.9868 TZS

2019 MKD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 43.4201. Conversely, the yearly low was recorded on October 1, dropping to 40.7249.

This high-to-low spread represents a total annual volatility of 2.6953 TZS. From a start-to-finish perspective, comparing the January average rate of 42.7296 to the December average rate of 41.5229, the exchange rate registered a net change of -2.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 43.4201 was down 5.23% compared to the 2018 peak of 45.8156, 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 217,101 TZS

2018 Average 218,362 TZS

Yearly Trough Low 203,624 TZS

Transaction Impact: A difference of 13,476.41 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

43.2126

40.9777

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 42.4686, compared to 41.5050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9636 points.

H1 Avg (Jan–Jun) 42.4686

H2 Avg (Jul–Dec) 41.5050

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 1.1847 TZS (High: 43.4132 / Low: 42.2285). On the other end, May was the most stable month, with a tight range of 0.5780 TZS (High: 42.0637 / Low: 41.4857).

March Spread (Volatile) ±1.1847

May Spread (Stable) ±0.5780

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.8484 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8484

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 42.9167) against the same month in 2018 (average: 45.1726), the exchange rate shifted by -2.2559 (-4.99%).

2019 Avg (February) 42.9167

2018 Avg (February) 45.1726

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	43.0745	42.4805	42.7296
February	43.4201	42.5691	42.9167
March	43.4132	42.2285	43.0263
April	42.5942	41.7210	42.1779
May	42.0637	41.4857	41.7914
June	42.6600	41.5753	42.1698
July	42.4936	41.6609	42.0443
August	42.0387	41.3343	41.6061
September	41.6156	40.7332	41.1639
October	41.7097	40.7249	41.3191
November	41.8262	41.1334	41.3736
December	41.8985	41.1747	41.5229