YEARLY HIGH
0.6333 UYU
YEARLY LOW
0.5555 UYU
YEARLY AVERAGE
0.5879 UYU

2018 MKD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.6333. Conversely, the yearly low was recorded on January 9, dropping to 0.5555.

This high-to-low spread represents a total annual volatility of 0.0777 UYU. From a start-to-finish perspective, comparing the January average rate of 0.5660 to the December average rate of 0.5956, the exchange rate registered a net change of 5.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6333 was up 11.08% compared to the 2017 peak of 0.5701, 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 3,166 UYU
2017 Average 2,629 UYU
Yearly Trough Low 2,778 UYU
Transaction Impact: A difference of 388.62 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6261
0.5584
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 0.5744, compared to 0.6015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0271 points.

H1 Avg (Jan–Jun) 0.5744
H2 Avg (Jul–Dec) 0.6015

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0484 UYU (High: 0.6075 / Low: 0.5590). On the other end, March was the most stable month, with a tight range of 0.0086 UYU (High: 0.5737 / Low: 0.5651).

August Spread (Volatile) ±0.0484
March Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0113 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.6205) against the same month in 2017 (average: 0.5599), the exchange rate shifted by +0.0606 (+10.82%).

2018 Avg (September) 0.6205
2017 Avg (September) 0.5599

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5740 0.5555 0.5660
February 0.5869 0.5614 0.5720
March 0.5737 0.5651 0.5686
April 0.5685 0.5582 0.5640
May 0.6015 0.5556 0.5793
June 0.6061 0.5869 0.5964
July 0.6017 0.5800 0.5921
August 0.6075 0.5590 0.5847
September 0.6333 0.6052 0.6205
October 0.6213 0.6036 0.6137
November 0.6105 0.5883 0.6024
December 0.6027 0.5882 0.5956