2015 TZS to MKD Historical Review

YEARLY HIGH

0.0317 MKD

YEARLY LOW

0.0238 MKD

YEARLY AVERAGE

0.0274 MKD

2015 TZS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the TZS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0317. Conversely, the yearly low was recorded on June 24, dropping to 0.0238.

This high-to-low spread represents a total annual volatility of 0.0079 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0297 to the December average rate of 0.0263, the exchange rate registered a net change of -11.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0317 was up 7.21% compared to the 2014 peak of 0.0296, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 159 MKD

2014 Average 139 MKD

Yearly Trough Low 119 MKD

Transaction Impact: A difference of 39.59 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0315

0.0243

JanuMarcMayJulySeptNove

TZS 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 0.0288, compared to 0.0260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0288

H2 Avg (Jul–Dec) 0.0260

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.0039 MKD (High: 0.0277 / Low: 0.0238). On the other end, September was the most stable month, with a tight range of 0.0009 MKD (High: 0.0258 / Low: 0.0249).

June Spread (Volatile) ±0.0039

September Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.0309) against the same month in 2014 (average: 0.0273), the exchange rate shifted by +0.0036 (+13.11%).

2015 Avg (March) 0.0309

2014 Avg (March) 0.0273

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0306	0.0291	0.0297
February	0.0307	0.0293	0.0297
March	0.0317	0.0299	0.0309
April	0.0311	0.0276	0.0301
May	0.0279	0.0267	0.0273
June	0.0277	0.0238	0.0249
July	0.0278	0.0249	0.0266
August	0.0267	0.0249	0.0260
September	0.0258	0.0249	0.0253
October	0.0258	0.0246	0.0251
November	0.0269	0.0256	0.0266
December	0.0269	0.0259	0.0263