2024 TZS to MKD Historical Review

YEARLY HIGH

0.0250 MKD

YEARLY LOW

0.0201 MKD

YEARLY AVERAGE

0.0218 MKD

2024 TZS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0250. Conversely, the yearly low was recorded on September 26, dropping to 0.0201.

This high-to-low spread represents a total annual volatility of 0.0049 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0224 to the December average rate of 0.0239, the exchange rate registered a net change of 6.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0250 was down 0.63% compared to the 2023 peak of 0.0251, 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

2023 Average 118 MKD

Yearly Trough Low 101 MKD

Transaction Impact: A difference of 24.36 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0242

0.0200

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 0.0222, compared to 0.0214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0222

H2 Avg (Jul–Dec) 0.0214

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0029 MKD (High: 0.0250 / Low: 0.0221). On the other end, March was the most stable month, with a tight range of 0.0003 MKD (High: 0.0224 / Low: 0.0220).

December Spread (Volatile) ±0.0029

March Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0239) against the same month in 2023 (average: 0.0224), the exchange rate shifted by +0.0014 (+6.29%).

2024 Avg (December) 0.0239

2023 Avg (December) 0.0224

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0226	0.0221	0.0224
February	0.0227	0.0222	0.0225
March	0.0224	0.0220	0.0222
April	0.0225	0.0220	0.0222
May	0.0221	0.0218	0.0219
June	0.0221	0.0215	0.0218
July	0.0217	0.0210	0.0212
August	0.0212	0.0202	0.0207
September	0.0205	0.0201	0.0203
October	0.0209	0.0203	0.0207
November	0.0222	0.0209	0.0217
December	0.0250	0.0221	0.0239