2020 MKD to TZS Historical Review

YEARLY HIGH

46.2911 TZS

YEARLY LOW

40.0113 TZS

YEARLY AVERAGE

42.8812 TZS

2020 MKD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 46.2911. Conversely, the yearly low was recorded on March 23, dropping to 40.0113.

This high-to-low spread represents a total annual volatility of 6.2799 TZS. From a start-to-finish perspective, comparing the January average rate of 41.5962 to the December average rate of 45.8059, the exchange rate registered a net change of 10.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 46.2911 was up 6.61% compared to the 2019 peak of 43.4201, 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 231,456 TZS

2019 Average 209,910 TZS

Yearly Trough Low 200,056 TZS

Transaction Impact: A difference of 31,399.29 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

46.3100

40.2608

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 41.3052, compared to 44.4571 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1519 points.

H1 Avg (Jan–Jun) 41.3052

H2 Avg (Jul–Dec) 44.4571

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.7307 TZS (High: 42.7420 / Low: 40.0113). On the other end, August was the most stable month, with a tight range of 0.6204 TZS (High: 44.9174 / Low: 44.2970).

March Spread (Volatile) ±2.7307

August Spread (Stable) ±0.6204

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.6923 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 45.8059) against the same month in 2019 (average: 41.5229), the exchange rate shifted by +4.2830 (+10.31%).

2020 Avg (December) 45.8059

2019 Avg (December) 41.5229

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	42.0330	41.2611	41.5962
February	41.4305	40.4617	40.9039
March	42.7420	40.0113	41.3593
April	41.2335	40.4691	40.7649
May	41.7724	40.5215	40.9353
June	42.6864	41.7918	42.2718
July	44.7076	42.2648	43.1278
August	44.9174	44.2970	44.5678
September	44.8488	43.8058	44.3936
October	44.6612	43.9776	44.2971
November	44.9104	43.7922	44.5503
December	46.2911	45.0519	45.8059