2019 TZS to MKD Historical Review

YEARLY HIGH

0.0246 MKD

YEARLY LOW

0.0230 MKD

YEARLY AVERAGE

0.0238 MKD

2019 TZS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TZS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.0246. Conversely, the yearly low was recorded on February 28, dropping to 0.0230.

This high-to-low spread represents a total annual volatility of 0.0015 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0234 to the December average rate of 0.0241, the exchange rate registered a net change of 2.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0246 was up 2.93% compared to the 2018 peak of 0.0239, 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 123 MKD

2018 Average 115 MKD

Yearly Trough Low 115 MKD

Transaction Impact: A difference of 7.62 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0244

0.0231

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 0.0236, compared to 0.0241 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) 0.0236

H2 Avg (Jul–Dec) 0.0241

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0006 MKD (High: 0.0237 / Low: 0.0230). On the other end, January was the most stable month, with a tight range of 0.0003 MKD (High: 0.0235 / Low: 0.0232).

March Spread (Volatile) ±0.0006

January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.0242) against the same month in 2018 (average: 0.0234), the exchange rate shifted by +0.0008 (+3.33%).

2019 Avg (October) 0.0242

2018 Avg (October) 0.0234

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0235	0.0232	0.0234
February	0.0235	0.0230	0.0233
March	0.0237	0.0230	0.0232
April	0.0240	0.0235	0.0237
May	0.0241	0.0238	0.0239
June	0.0241	0.0234	0.0237
July	0.0240	0.0235	0.0238
August	0.0242	0.0238	0.0240
September	0.0246	0.0240	0.0243
October	0.0246	0.0240	0.0242
November	0.0243	0.0239	0.0242
December	0.0243	0.0239	0.0241