2018 MKD to UZS Historical Review

YEARLY HIGH

166.4774 UZS

YEARLY LOW

143.5338 UZS

YEARLY AVERAGE

154.9454 UZS

2018 MKD to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 166.4774. Conversely, the yearly low was recorded on August 15, dropping to 143.5338.

This high-to-low spread represents a total annual volatility of 22.9436 UZS. From a start-to-finish perspective, comparing the January average rate of 161.3734 to the December average rate of 153.8135, the exchange rate registered a net change of -4.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 166.4774 was up 4.86% compared to the 2017 peak of 158.7610, 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 832,387 UZS

2017 Average 476,016 UZS

Yearly Trough Low 717,669 UZS

Transaction Impact: A difference of 114,717.85 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

166.0545

144.3035

JanuMarcMayJulySeptNove

MKD to UZS 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 159.2102, compared to 150.6807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.5295 points.

H1 Avg (Jan–Jun) 159.2102

H2 Avg (Jul–Dec) 150.6807

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 8.5092 UZS (High: 158.5359 / Low: 150.0268). On the other end, March was the most stable month, with a tight range of 2.3852 UZS (High: 164.8086 / Low: 162.4233).

May Spread (Volatile) ±8.5092

March Spread (Stable) ±2.3852

Growth Streaks & Declines

Trends

Between August and October, 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 April and May, when the average rate fell by 6.9875 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.9875

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 164.2419) against the same month in 2017 (average: 56.9713), the exchange rate shifted by +107.2706 (+188.29%).

2018 Avg (February) 164.2419

2017 Avg (February) 56.9713

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	165.0536	157.5501	161.3734
February	166.4774	162.1622	164.2419
March	164.8086	162.4233	163.4166
April	162.8596	158.3602	161.2746
May	158.5359	150.0268	154.2871
June	152.4623	147.8670	150.6677
July	149.6897	147.2625	148.3181
August	148.9390	143.5338	146.1161
September	154.7453	147.2815	150.2722
October	154.4007	151.2115	152.8940
November	153.9629	150.9984	152.6702
December	155.5234	152.1764	153.8135