YEARLY HIGH
0.8295 UYU
YEARLY LOW
0.6403 UYU
YEARLY AVERAGE
0.7058 UYU

2022 MKD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.8295. Conversely, the yearly low was recorded on September 26, dropping to 0.6403.

This high-to-low spread represents a total annual volatility of 0.1893 UYU. From a start-to-finish perspective, comparing the January average rate of 0.8179 to the December average rate of 0.6700, the exchange rate registered a net change of -18.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.8295 was down 5.40% compared to the 2021 peak of 0.8769, 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 4,148 UYU
2021 Average 4,183 UYU
Yearly Trough Low 3,201 UYU
Transaction Impact: A difference of 946.40 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.8340
0.6404
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 0.7466, compared to 0.6649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0817 points.

H1 Avg (Jan–Jun) 0.7466
H2 Avg (Jul–Dec) 0.6649

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.0464 UYU (High: 0.8164 / Low: 0.7699). On the other end, October was the most stable month, with a tight range of 0.0220 UYU (High: 0.6689 / Low: 0.6469).

February Spread (Volatile) ±0.0464
October Spread (Stable) ±0.0220

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.0365 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0365

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.8179) against the same month in 2021 (average: 0.8355), the exchange rate shifted by -0.0176 (-2.10%).

2022 Avg (January) 0.8179
2021 Avg (January) 0.8355

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8295 0.7944 0.8179
February 0.8164 0.7699 0.7944
March 0.7681 0.7361 0.7579
April 0.7400 0.6967 0.7241
May 0.7145 0.6916 0.7015
June 0.6972 0.6717 0.6837
July 0.6947 0.6567 0.6773
August 0.6819 0.6537 0.6661
September 0.6705 0.6403 0.6590
October 0.6689 0.6469 0.6566
November 0.6758 0.6431 0.6606
December 0.6925 0.6609 0.6700