YEARLY HIGH
0.8435 UYU
YEARLY LOW
0.6649 UYU
YEARLY AVERAGE
0.7778 UYU

2020 MKD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.8435. Conversely, the yearly low was recorded on February 18, dropping to 0.6649.

This high-to-low spread represents a total annual volatility of 0.1786 UYU. From a start-to-finish perspective, comparing the January average rate of 0.6741 to the December average rate of 0.8378, the exchange rate registered a net change of 24.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8435 was up 22.40% compared to the 2019 peak of 0.6892, 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 4,218 UYU
2019 Average 3,206 UYU
Yearly Trough Low 3,325 UYU
Transaction Impact: A difference of 892.91 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8543
0.6564
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 0.7378, compared to 0.8178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0800 points.

H1 Avg (Jan–Jun) 0.7378
H2 Avg (Jul–Dec) 0.8178

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1151 UYU (High: 0.8093 / Low: 0.6942). On the other end, October was the most stable month, with a tight range of 0.0139 UYU (High: 0.8226 / Low: 0.8087).

March Spread (Volatile) ±0.1151
October Spread (Stable) ±0.0139

Growth Streaks & Declines

Trends

Between April and August, 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 0.0053 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.8378) against the same month in 2019 (average: 0.6799), the exchange rate shifted by +0.1579 (+23.22%).

2020 Avg (December) 0.8378
2019 Avg (December) 0.6799

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6808 0.6668 0.6741
February 0.6942 0.6649 0.6729
March 0.8093 0.6942 0.7688
April 0.7858 0.7548 0.7657
May 0.7821 0.7455 0.7667
June 0.7888 0.7663 0.7788
July 0.8186 0.7690 0.8007
August 0.8275 0.8093 0.8186
September 0.8240 0.8010 0.8133
October 0.8226 0.8087 0.8144
November 0.8270 0.8127 0.8220
December 0.8435 0.8261 0.8378