2020 MKD to UZS Historical Review

YEARLY HIGH

208.9162 UZS

YEARLY LOW

164.9418 UZS

YEARLY AVERAGE

186.3651 UZS

2020 MKD to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 208.9162. Conversely, the yearly low was recorded on March 23, dropping to 164.9418.

This high-to-low spread represents a total annual volatility of 43.9743 UZS. From a start-to-finish perspective, comparing the January average rate of 172.1956 to the December average rate of 206.3952, the exchange rate registered a net change of 19.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 208.9162 was up 20.46% compared to the 2019 peak of 173.4354, 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 1,044,581 UZS

2019 Average 802,724 UZS

Yearly Trough Low 824,709 UZS

Transaction Impact: A difference of 219,871.69 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

210.1576

165.0091

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 175.0345, compared to 197.6957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.6612 points.

H1 Avg (Jan–Jun) 175.0345

H2 Avg (Jul–Dec) 197.6957

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 11.5121 UZS (High: 176.4540 / Low: 164.9418). On the other end, January was the most stable month, with a tight range of 2.2488 UZS (High: 173.3438 / Low: 171.0951).

March Spread (Volatile) ±11.5121

January Spread (Stable) ±2.2488

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 3.4241 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -3.4241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 206.3952) against the same month in 2019 (average: 171.9815), the exchange rate shifted by +34.4137 (+20.01%).

2020 Avg (December) 206.3952

2019 Avg (December) 171.9815

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	173.3438	171.0951	172.1956
February	171.2380	166.8233	168.7715
March	176.4540	164.9418	170.6659
April	178.7002	167.8029	173.9017
May	183.0444	177.3055	179.1391
June	187.2146	183.3975	185.5330
July	195.9536	185.4988	189.6303
August	198.6798	194.6992	196.4993
September	198.4085	194.1592	196.7001
October	199.4666	195.6145	197.5909
November	201.5403	195.7140	199.3582
December	208.9162	202.6295	206.3952