2019 UAH to MKD Historical Review

YEARLY HIGH

2.3887 MKD

YEARLY LOW

1.8949 MKD

YEARLY AVERAGE

2.1347 MKD

2019 UAH to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the UAH to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 2.3887. Conversely, the yearly low was recorded on January 10, dropping to 1.8949.

This high-to-low spread represents a total annual volatility of 0.4939 MKD. From a start-to-finish perspective, comparing the January average rate of 1.9351 to the December average rate of 2.3498, the exchange rate registered a net change of 21.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.3887 was up 16.93% compared to the 2018 peak of 2.0429, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 UAH based on timing:

Yearly Peak High 11,944 MKD

2018 Average 9,598 MKD

Yearly Trough Low 9,474 MKD

Transaction Impact: A difference of 2,469.28 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.3913

1.8936

JanuMarcMayJulySeptNove

UAH to MKD 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 2.0261, compared to 2.2434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2173 points.

H1 Avg (Jan–Jun) 2.0261

H2 Avg (Jul–Dec) 2.2434

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.1375 MKD (High: 2.1985 / Low: 2.0610). On the other end, May was the most stable month, with a tight range of 0.0537 MKD (High: 2.1066 / Low: 2.0529).

July Spread (Volatile) ±0.1375

May Spread (Stable) ±0.0537

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 0.0256 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 2.3498) against the same month in 2018 (average: 1.9502), the exchange rate shifted by +0.3996 (+20.49%).

2019 Avg (December) 2.3498

2018 Avg (December) 1.9502

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9656	1.8949	1.9351
February	2.0177	1.9356	1.9984
March	2.0798	1.9885	2.0258
April	2.0928	2.0178	2.0472
May	2.1066	2.0529	2.0877
June	2.0865	2.0233	2.0621
July	2.1985	2.0610	2.1279
August	2.2143	2.1338	2.1894
September	2.3396	2.2042	2.2612
October	2.3003	2.1977	2.2424
November	2.3325	2.2211	2.2896
December	2.3887	2.3143	2.3498