2020 MKD to UGX Historical Review

YEARLY HIGH

72.8353 UGX

YEARLY LOW

64.2910 UGX

YEARLY AVERAGE

68.8222 UGX

2020 MKD to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 72.8353. Conversely, the yearly low was recorded on February 19, dropping to 64.2910.

This high-to-low spread represents a total annual volatility of 8.5443 UGX. From a start-to-finish perspective, comparing the January average rate of 66.4156 to the December average rate of 72.3899, the exchange rate registered a net change of 9.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 72.8353 was up 4.57% compared to the 2019 peak of 69.6541, 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 364,177 UGX

2019 Average 337,056 UGX

Yearly Trough Low 321,455 UGX

Transaction Impact: A difference of 42,721.52 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

73.1156

64.4069

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 66.8445, compared to 70.7998 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9553 points.

H1 Avg (Jan–Jun) 66.8445

H2 Avg (Jul–Dec) 70.7998

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 3.2435 UGX (High: 70.9169 / Low: 67.6734). On the other end, June was the most stable month, with a tight range of 0.8502 UGX (High: 68.7837 / Low: 67.9335).

July Spread (Volatile) ±3.2435

June Spread (Stable) ±0.8502

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.2830 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -1.2830

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 72.3899) against the same month in 2019 (average: 66.3863), the exchange rate shifted by +6.0036 (+9.04%).

2020 Avg (December) 72.3899

2019 Avg (December) 66.3863

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	67.5817	65.8217	66.4156
February	66.0734	64.2910	65.1327
March	68.9489	66.0734	67.5775
April	67.5201	65.8776	66.6489
May	68.2361	66.4660	67.0801
June	68.7837	67.9335	68.2125
July	70.9169	67.6734	68.8265
August	71.1522	69.9585	70.5577
September	71.3263	69.8992	70.7365
October	72.0309	70.3025	71.0033
November	71.9934	70.5699	71.2851
December	72.8353	71.8802	72.3899