2025 TND to MKD Historical Review

YEARLY HIGH

18.7418 MKD

YEARLY LOW

17.7960 MKD

YEARLY AVERAGE

18.2051 MKD

2025 TND to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2025

During 2025, the TND to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 18.7418. Conversely, the yearly low was recorded on April 11, dropping to 17.7960.

This high-to-low spread represents a total annual volatility of 0.9458 MKD. From a start-to-finish perspective, comparing the January average rate of 18.5580 to the December average rate of 17.9965, the exchange rate registered a net change of -3.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2025 high of 18.7418 was up 0.03% compared to the 2024 peak of 18.7365, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TND based on timing:

Yearly Peak High 93,709 MKD

2024 Average 91,423 MKD

Yearly Trough Low 88,980 MKD

Transaction Impact: A difference of 4,728.87 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2025.

18.6144

17.9403

JanuMarcMayJulySeptNove

TND to MKD 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 18.3136, compared to 18.0966 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2170 points.

H1 Avg (Jan–Jun) 18.3136

H2 Avg (Jul–Dec) 18.0966

Volatility Range Comparison

Volatility

The most volatile month in 2025 was July, with a trading range of 0.7876 MKD (High: 18.7218 / Low: 17.9342). On the other end, October was the most stable month, with a tight range of 0.1336 MKD (High: 18.1438 / Low: 18.0101).

July Spread (Volatile) ±0.7876

October Spread (Stable) ±0.1336

Growth Streaks & Declines

Trends

Between June and August, 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 March and April, when the average rate fell by 0.2235 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2025: 18.5582) against the same month in 2024 (average: 18.2347), the exchange rate shifted by +0.3235 (+1.77%).

2025 Avg (February) 18.5582

2024 Avg (February) 18.2347

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.7135	18.3945	18.5580
February	18.7418	18.3706	18.5582
March	18.7093	18.0844	18.3384
April	18.3514	17.7960	18.1149
May	18.3645	18.0821	18.2004
June	18.2600	17.8455	18.1115
July	18.7218	17.9342	18.1623
August	18.6303	18.0160	18.2279
September	18.3014	17.9705	18.0655
October	18.1438	18.0101	18.0861
November	18.3759	17.8632	18.0414
December	18.1359	17.8781	17.9965