YEARLY HIGH
0.6892 UYU
YEARLY LOW
0.5951 UYU
YEARLY AVERAGE
0.6409 UYU

2019 MKD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.6892. Conversely, the yearly low was recorded on February 18, dropping to 0.5951.

This high-to-low spread represents a total annual volatility of 0.0941 UYU. From a start-to-finish perspective, comparing the January average rate of 0.6040 to the December average rate of 0.6799, the exchange rate registered a net change of 12.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6892 was up 8.83% compared to the 2018 peak of 0.6333, 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 3,446 UYU
2018 Average 2,940 UYU
Yearly Trough Low 2,975 UYU
Transaction Impact: A difference of 470.48 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6878
0.5929
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 0.6205, compared to 0.6613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0408 points.

H1 Avg (Jan–Jun) 0.6205
H2 Avg (Jul–Dec) 0.6613

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0428 UYU (High: 0.6619 / Low: 0.6191). On the other end, September was the most stable month, with a tight range of 0.0068 UYU (High: 0.6597 / Low: 0.6530).

August Spread (Volatile) ±0.0428
September Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0086 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.6799) against the same month in 2018 (average: 0.5956), the exchange rate shifted by +0.0843 (+14.16%).

2019 Avg (December) 0.6799
2018 Avg (December) 0.5956

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6115 0.5995 0.6040
February 0.6064 0.5951 0.6008
March 0.6186 0.5973 0.6105
April 0.6308 0.6080 0.6229
May 0.6427 0.6307 0.6381
June 0.6519 0.6363 0.6468
July 0.6496 0.6193 0.6381
August 0.6619 0.6191 0.6479
September 0.6597 0.6530 0.6566
October 0.6780 0.6533 0.6696
November 0.6806 0.6702 0.6756
December 0.6892 0.6710 0.6799