2016 TZS to MKD Historical Review

YEARLY HIGH

0.0272 MKD

YEARLY LOW

0.0245 MKD

YEARLY AVERAGE

0.0255 MKD

2016 TZS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TZS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0272. Conversely, the yearly low was recorded on May 4, dropping to 0.0245.

This high-to-low spread represents a total annual volatility of 0.0027 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0260 to the December average rate of 0.0268, the exchange rate registered a net change of 3.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0272 was down 14.11% compared to the 2015 peak of 0.0317, 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 136 MKD

2015 Average 137 MKD

Yearly Trough Low 123 MKD

Transaction Impact: A difference of 13.61 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0270

0.0246

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 0.0252, compared to 0.0257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0252

H2 Avg (Jul–Dec) 0.0257

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0014 MKD (High: 0.0267 / Low: 0.0254). On the other end, September was the most stable month, with a tight range of 0.0002 MKD (High: 0.0253 / Low: 0.0251).

November Spread (Volatile) ±0.0014

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and December, 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 0.0006 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0268) against the same month in 2015 (average: 0.0263), the exchange rate shifted by +0.0006 (+2.12%).

2016 Avg (December) 0.0268

2015 Avg (December) 0.0263

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0263	0.0258	0.0260
February	0.0259	0.0249	0.0254
March	0.0259	0.0248	0.0253
April	0.0251	0.0247	0.0248
May	0.0253	0.0245	0.0249
June	0.0255	0.0246	0.0250
July	0.0256	0.0251	0.0254
August	0.0254	0.0248	0.0251
September	0.0253	0.0251	0.0252
October	0.0259	0.0251	0.0256
November	0.0267	0.0254	0.0261
December	0.0272	0.0263	0.0268