YEARLY HIGH
0.5701 UYU
YEARLY LOW
0.4808 UYU
YEARLY AVERAGE
0.5256 UYU

2017 MKD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.5701. Conversely, the yearly low was recorded on March 2, dropping to 0.4808.

This high-to-low spread represents a total annual volatility of 0.0893 UYU. From a start-to-finish perspective, comparing the January average rate of 0.4940 to the December average rate of 0.5558, the exchange rate registered a net change of 12.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5701 was down 3.64% compared to the 2016 peak of 0.5916, 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 2,850 UYU
2016 Average 2,710 UYU
Yearly Trough Low 2,404 UYU
Transaction Impact: A difference of 446.40 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5680
0.4821
JanuMarcMayJulySeptNove

MKD to UYU 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 0.4982, compared to 0.5531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0549 points.

H1 Avg (Jan–Jun) 0.4982
H2 Avg (Jul–Dec) 0.5531

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0208 UYU (High: 0.5424 / Low: 0.5216). On the other end, February was the most stable month, with a tight range of 0.0101 UYU (High: 0.4945 / Low: 0.4844).

July Spread (Volatile) ±0.0208
February Spread (Stable) ±0.0101

Growth Streaks & Declines

Trends

Between February and October, 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 0.0048 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 0.5608) against the same month in 2016 (average: 0.5053), the exchange rate shifted by +0.0555 (+10.98%).

2017 Avg (October) 0.5608
2016 Avg (October) 0.5053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5013 0.4867 0.4940
February 0.4945 0.4844 0.4893
March 0.4997 0.4808 0.4902
April 0.5045 0.4897 0.4949
May 0.5157 0.4953 0.5047
June 0.5247 0.5120 0.5162
July 0.5424 0.5216 0.5356
August 0.5593 0.5415 0.5483
September 0.5639 0.5507 0.5599
October 0.5701 0.5535 0.5608
November 0.5694 0.5498 0.5580
December 0.5624 0.5501 0.5558