2021 TZS to MKD Historical Review

YEARLY HIGH

0.0239 MKD

YEARLY LOW

0.0216 MKD

YEARLY AVERAGE

0.0225 MKD

2021 TZS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TZS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0239. Conversely, the yearly low was recorded on January 6, dropping to 0.0216.

This high-to-low spread represents a total annual volatility of 0.0024 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0218 to the December average rate of 0.0237, the exchange rate registered a net change of 8.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0239 was down 4.31% compared to the 2020 peak of 0.0250, 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 120 MKD

2020 Average 117 MKD

Yearly Trough Low 108 MKD

Transaction Impact: A difference of 11.79 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0239

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 0.0220, compared to 0.0230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0220

H2 Avg (Jul–Dec) 0.0230

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0009 MKD (High: 0.0239 / Low: 0.0231). On the other end, December was the most stable month, with a tight range of 0.0002 MKD (High: 0.0238 / Low: 0.0236).

November Spread (Volatile) ±0.0009

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0235) against the same month in 2020 (average: 0.0224), the exchange rate shifted by +0.0010 (+4.59%).

2021 Avg (November) 0.0235

2020 Avg (November) 0.0224

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0220	0.0216	0.0218
February	0.0222	0.0218	0.0220
March	0.0227	0.0220	0.0223
April	0.0226	0.0218	0.0222
May	0.0221	0.0217	0.0219
June	0.0224	0.0217	0.0221
July	0.0226	0.0223	0.0225
August	0.0228	0.0223	0.0226
September	0.0231	0.0224	0.0226
October	0.0232	0.0229	0.0231
November	0.0239	0.0231	0.0235
December	0.0238	0.0236	0.0237