YEARLY HIGH
0.8769 UYU
YEARLY LOW
0.8016 UYU
YEARLY AVERAGE
0.8365 UYU

2021 MKD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 0.8769. Conversely, the yearly low was recorded on November 24, dropping to 0.8016.

This high-to-low spread represents a total annual volatility of 0.0752 UYU. From a start-to-finish perspective, comparing the January average rate of 0.8355 to the December average rate of 0.8134, the exchange rate registered a net change of -2.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8769 was up 3.95% compared to the 2020 peak of 0.8435, 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 4,384 UYU
2020 Average 3,891 UYU
Yearly Trough Low 4,008 UYU
Transaction Impact: A difference of 376.14 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8732
0.8079
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 0.8508, compared to 0.8223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0285 points.

H1 Avg (Jan–Jun) 0.8508
H2 Avg (Jul–Dec) 0.8223

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0348 UYU (High: 0.8473 / Low: 0.8125). On the other end, July was the most stable month, with a tight range of 0.0127 UYU (High: 0.8489 / Low: 0.8362).

August Spread (Volatile) ±0.0348
July Spread (Stable) ±0.0127

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0149 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.8678) against the same month in 2020 (average: 0.7667), the exchange rate shifted by +0.1011 (+13.19%).

2021 Avg (May) 0.8678
2020 Avg (May) 0.7667

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8472 0.8247 0.8355
February 0.8535 0.8241 0.8380
March 0.8653 0.8441 0.8539
April 0.8687 0.8443 0.8566
May 0.8769 0.8557 0.8678
June 0.8690 0.8378 0.8529
July 0.8489 0.8362 0.8416
August 0.8473 0.8125 0.8273
September 0.8218 0.8065 0.8162
October 0.8314 0.8070 0.8198
November 0.8328 0.8016 0.8152
December 0.8210 0.8076 0.8134