2017 TZS to MKD Historical Review

YEARLY HIGH

0.0271 MKD

YEARLY LOW

0.0214 MKD

YEARLY AVERAGE

0.0244 MKD

2017 TZS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TZS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0271. Conversely, the yearly low was recorded on November 4, dropping to 0.0214.

This high-to-low spread represents a total annual volatility of 0.0057 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0261 to the December average rate of 0.0232, the exchange rate registered a net change of -11.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0271 was down 0.50% compared to the 2016 peak of 0.0272, 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

2016 Average 127 MKD

Yearly Trough Low 107 MKD

Transaction Impact: A difference of 28.58 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0264

0.0227

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 0.0255, compared to 0.0233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0255

H2 Avg (Jul–Dec) 0.0233

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0024 MKD (High: 0.0237 / Low: 0.0214). On the other end, October was the most stable month, with a tight range of 0.0005 MKD (High: 0.0236 / Low: 0.0231).

November Spread (Volatile) ±0.0024

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0261) against the same month in 2016 (average: 0.0260), the exchange rate shifted by +0.0001 (+0.56%).

2017 Avg (January) 0.0261

2016 Avg (January) 0.0260

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0271	0.0254	0.0261
February	0.0262	0.0256	0.0260
March	0.0263	0.0255	0.0259
April	0.0261	0.0252	0.0257
May	0.0254	0.0245	0.0249
June	0.0248	0.0241	0.0246
July	0.0243	0.0233	0.0239
August	0.0235	0.0229	0.0233
September	0.0234	0.0228	0.0230
October	0.0236	0.0231	0.0233
November	0.0237	0.0214	0.0232
December	0.0234	0.0228	0.0232