2020 TZS to MKD Historical Review

YEARLY HIGH

0.0250 MKD

YEARLY LOW

0.0216 MKD

YEARLY AVERAGE

0.0234 MKD

2020 TZS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TZS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0250. Conversely, the yearly low was recorded on December 30, dropping to 0.0216.

This high-to-low spread represents a total annual volatility of 0.0034 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0240 to the December average rate of 0.0218, the exchange rate registered a net change of -9.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0250 was up 1.78% compared to the 2019 peak of 0.0246, 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 125 MKD

2019 Average 119 MKD

Yearly Trough Low 108 MKD

Transaction Impact: A difference of 16.95 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0248

0.0216

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 0.0242, compared to 0.0225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0242

H2 Avg (Jul–Dec) 0.0225

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0016 MKD (High: 0.0250 / Low: 0.0234). On the other end, August was the most stable month, with a tight range of 0.0003 MKD (High: 0.0226 / Low: 0.0223).

March Spread (Volatile) ±0.0016

August Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0242) against the same month in 2019 (average: 0.0232), the exchange rate shifted by +0.0009 (+4.06%).

2020 Avg (March) 0.0242

2019 Avg (March) 0.0232

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0242	0.0238	0.0240
February	0.0247	0.0241	0.0244
March	0.0250	0.0234	0.0242
April	0.0247	0.0243	0.0245
May	0.0247	0.0239	0.0244
June	0.0239	0.0234	0.0237
July	0.0237	0.0224	0.0232
August	0.0226	0.0223	0.0224
September	0.0228	0.0223	0.0225
October	0.0227	0.0224	0.0226
November	0.0228	0.0223	0.0224
December	0.0222	0.0216	0.0218