YEARLY HIGH
0.0274 MKD
YEARLY LOW
0.0232 MKD
YEARLY AVERAGE
0.0252 MKD

2022 TZS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TZS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0274. Conversely, the yearly low was recorded on February 6, dropping to 0.0232.

This high-to-low spread represents a total annual volatility of 0.0042 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0236 to the December average rate of 0.0249, the exchange rate registered a net change of 5.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0274 was up 14.71% compared to the 2021 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 137 MKD
2021 Average 113 MKD
Yearly Trough Low 116 MKD
Transaction Impact: A difference of 21.06 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0272
0.0232
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 0.0243, compared to 0.0260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0243
H2 Avg (Jul–Dec) 0.0260

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0016 MKD (High: 0.0270 / Low: 0.0254). On the other end, December was the most stable month, with a tight range of 0.0005 MKD (High: 0.0252 / Low: 0.0247).

November Spread (Volatile) ±0.0016
December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0266) against the same month in 2021 (average: 0.0226), the exchange rate shifted by +0.0040 (+17.94%).

2022 Avg (September) 0.0266
2021 Avg (September) 0.0226

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0239 0.0233 0.0236
February 0.0238 0.0232 0.0235
March 0.0246 0.0239 0.0241
April 0.0252 0.0240 0.0245
May 0.0255 0.0246 0.0251
June 0.0253 0.0247 0.0250
July 0.0264 0.0253 0.0259
August 0.0266 0.0255 0.0260
September 0.0274 0.0260 0.0266
October 0.0272 0.0264 0.0269
November 0.0270 0.0254 0.0259
December 0.0252 0.0247 0.0249