YEARLY HIGH
43.0631 TZS
YEARLY LOW
36.4503 TZS
YEARLY AVERAGE
39.7992 TZS

2022 MKD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 43.0631. Conversely, the yearly low was recorded on September 27, dropping to 36.4503.

This high-to-low spread represents a total annual volatility of 6.6128 TZS. From a start-to-finish perspective, comparing the January average rate of 42.3528 to the December average rate of 40.0955, the exchange rate registered a net change of -5.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 43.0631 was down 7.16% compared to the 2021 peak of 46.3831, 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 215,316 TZS
2021 Average 222,253 TZS
Yearly Trough Low 182,252 TZS
Transaction Impact: A difference of 33,063.80 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

43.1053
36.6714
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 41.1821, compared to 38.4164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7657 points.

H1 Avg (Jan–Jun) 41.1821
H2 Avg (Jul–Dec) 38.4164

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 2.3181 TZS (High: 39.3984 / Low: 37.0803). On the other end, December was the most stable month, with a tight range of 0.8450 TZS (High: 40.4571 / Low: 39.6122).

November Spread (Volatile) ±2.3181
December Spread (Stable) ±0.8450

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.4460 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.4460

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 42.5691) against the same month in 2021 (average: 45.5104), the exchange rate shifted by -2.9413 (-6.46%).

2022 Avg (February) 42.5691
2021 Avg (February) 45.5104

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42.9063 41.7565 42.3528
February 43.0631 42.0869 42.5691
March 41.9050 40.7222 41.4145
April 41.6607 39.7537 40.8207
May 40.6966 39.2271 39.9101
June 40.5541 39.5065 40.0256
July 39.4965 37.9161 38.5796
August 39.1430 37.6361 38.4004
September 38.4251 36.4503 37.5869
October 37.8764 36.7207 37.2075
November 39.3984 37.0803 38.6284
December 40.4571 39.6122 40.0955