YEARLY HIGH
0.0185 MKD
YEARLY LOW
0.0170 MKD
YEARLY AVERAGE
0.0179 MKD

2014 UGX to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the UGX to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0185. Conversely, the yearly low was recorded on July 13, dropping to 0.0170.

This high-to-low spread represents a total annual volatility of 0.0015 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0181 to the December average rate of 0.0181, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0185 was down 0.70% compared to the 2013 peak of 0.0186, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 93 MKD
2013 Average 90 MKD
Yearly Trough Low 85 MKD
Transaction Impact: A difference of 7.57 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0184
0.0171
JanuMarcMayJulySeptNove

UGX 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 0.0178, compared to 0.0179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0178
H2 Avg (Jul–Dec) 0.0179

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0008 MKD (High: 0.0185 / Low: 0.0177). On the other end, April was the most stable month, with a tight range of 0.0002 MKD (High: 0.0178 / Low: 0.0175).

February Spread (Volatile) ±0.0008
April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and May, 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 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 0.0183) against the same month in 2013 (average: 0.0177), the exchange rate shifted by +0.0006 (+3.38%).

2014 Avg (February) 0.0183
2013 Avg (February) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0184 0.0177 0.0181
February 0.0185 0.0177 0.0183
March 0.0178 0.0174 0.0176
April 0.0178 0.0175 0.0177
May 0.0179 0.0176 0.0177
June 0.0178 0.0174 0.0176
July 0.0175 0.0170 0.0172
August 0.0179 0.0174 0.0177
September 0.0184 0.0179 0.0182
October 0.0185 0.0179 0.0182
November 0.0184 0.0178 0.0181
December 0.0183 0.0177 0.0181