YEARLY HIGH
58.8632 UGX
YEARLY LOW
54.0459 UGX
YEARLY AVERAGE
55.9913 UGX

2014 MKD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MKD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 58.8632. Conversely, the yearly low was recorded on February 6, dropping to 54.0459.

This high-to-low spread represents a total annual volatility of 4.8173 UGX. From a start-to-finish perspective, comparing the January average rate of 55.3609 to the December average rate of 55.3689, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 58.8632 was up 2.20% compared to the 2013 peak of 57.5934, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 294,316 UGX
2013 Average 277,947 UGX
Yearly Trough Low 270,230 UGX
Transaction Impact: A difference of 24,086.56 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

58.3192
54.3144
JanuMarcMayJulySeptNove

MKD to UGX 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 56.1179, compared to 55.8646 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2533 points.

H1 Avg (Jan–Jun) 56.1179
H2 Avg (Jul–Dec) 55.8646

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 2.4078 UGX (High: 56.4538 / Low: 54.0459). On the other end, April was the most stable month, with a tight range of 0.7979 UGX (High: 57.0405 / Low: 56.2426).

February Spread (Volatile) ±2.4078
April Spread (Stable) ±0.7979

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 August and September, when the average rate fell by 1.6220 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.6220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 57.9854) against the same month in 2013 (average: 54.9980), the exchange rate shifted by +2.9875 (+5.43%).

2014 Avg (July) 57.9854
2013 Avg (July) 54.9980

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 56.4883 54.3623 55.3609
February 56.4538 54.0459 54.6482
March 57.4404 56.0653 56.7944
April 57.0405 56.2426 56.6288
May 56.9335 55.9336 56.4268
June 57.6321 56.2423 56.8485
July 58.8632 57.1693 57.9854
August 57.5073 55.8182 56.5956
September 55.8600 54.2409 54.9736
October 55.8992 54.1274 55.0299
November 56.1990 54.2496 55.2343
December 56.4134 54.5897 55.3689