2019 MKD to UZS Historical Review

YEARLY HIGH

173.4354 UZS

YEARLY LOW

127.8974 UZS

YEARLY AVERAGE

160.5167 UZS

2019 MKD to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 173.4354. Conversely, the yearly low was recorded on March 31, dropping to 127.8974.

This high-to-low spread represents a total annual volatility of 45.5381 UZS. From a start-to-finish perspective, comparing the January average rate of 154.8141 to the December average rate of 171.9815, the exchange rate registered a net change of 11.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 173.4354 was up 4.18% compared to the 2018 peak of 166.4774, 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 867,177 UZS

2018 Average 774,412 UZS

Yearly Trough Low 639,487 UZS

Transaction Impact: A difference of 227,690.26 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

173.8509

151.4183

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 154.4665, compared to 166.5670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.1005 points.

H1 Avg (Jan–Jun) 154.4665

H2 Avg (Jul–Dec) 166.5670

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 27.6191 UZS (High: 155.5165 / Low: 127.8974). On the other end, May was the most stable month, with a tight range of 1.5614 UZS (High: 154.3446 / Low: 152.7832).

March Spread (Volatile) ±27.6191

May Spread (Stable) ±1.5614

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.4342 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -1.4342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 171.9815) against the same month in 2018 (average: 153.8135), the exchange rate shifted by +18.1680 (+11.81%).

2019 Avg (December) 171.9815

2018 Avg (December) 153.8135

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	156.4069	153.9404	154.8141
February	156.3305	153.3316	154.7218
March	155.5165	127.8974	153.2877
April	155.6311	152.6520	154.0638
May	154.3446	152.7832	153.5769
June	158.4637	153.1383	156.3346
July	158.6073	156.0956	157.1635
August	169.3060	156.0951	161.8577
September	169.4266	166.9208	168.4019
October	171.3795	167.4024	169.5997
November	171.4335	169.4124	170.3975
December	173.4354	170.1604	171.9815