YEARLY HIGH
69.6541 UGX
YEARLY LOW
65.0467 UGX
YEARLY AVERAGE
67.4115 UGX

2019 MKD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 69.6541. Conversely, the yearly low was recorded on September 26, dropping to 65.0467.

This high-to-low spread represents a total annual volatility of 4.6074 UGX. From a start-to-finish perspective, comparing the January average rate of 68.6349 to the December average rate of 66.3863, the exchange rate registered a net change of -3.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 69.6541 was down 6.18% compared to the 2018 peak of 74.2396, 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 348,271 UGX
2018 Average 357,331 UGX
Yearly Trough Low 325,234 UGX
Transaction Impact: A difference of 23,037.14 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

68.9167
65.5352
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 68.2521, compared to 66.5709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6812 points.

H1 Avg (Jan–Jun) 68.2521
H2 Avg (Jul–Dec) 66.5709

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 2.1486 UGX (High: 69.6541 / Low: 67.5055). On the other end, December was the most stable month, with a tight range of 0.8743 UGX (High: 66.8660 / Low: 65.9917).

January Spread (Volatile) ±2.1486
December Spread (Stable) ±0.8743

Growth Streaks & Declines

Trends

Between February and June, 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 August and September, when the average rate fell by 0.9637 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.9637

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 68.6349) against the same month in 2018 (average: 72.1117), the exchange rate shifted by -3.4767 (-4.82%).

2019 Avg (January) 68.6349
2018 Avg (January) 72.1117

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 69.6541 67.5055 68.6349
February 68.4007 67.0143 67.6865
March 68.5740 67.5155 68.0825
April 68.8905 67.6102 68.2421
May 68.8752 67.9265 68.4064
June 69.2396 67.3841 68.4601
July 68.7160 67.0619 67.5939
August 67.4515 66.2575 66.7807
September 66.2575 65.0467 65.8170
October 67.3613 65.2668 66.4581
November 67.3247 66.0829 66.3893
December 66.8660 65.9917 66.3863