YEARLY HIGH
0.0164 MKD
YEARLY LOW
0.0141 MKD
YEARLY AVERAGE
0.0151 MKD

2017 UGX to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the UGX to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 0.0164. Conversely, the yearly low was recorded on December 31, dropping to 0.0141.

This high-to-low spread represents a total annual volatility of 0.0023 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0160 to the December average rate of 0.0143, the exchange rate registered a net change of -10.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0164 was down 3.51% compared to the 2016 peak of 0.0170, 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 82 MKD
2016 Average 81 MKD
Yearly Trough Low 71 MKD
Transaction Impact: A difference of 11.28 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0163
0.0141
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 0.0158, compared to 0.0145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0158
H2 Avg (Jul–Dec) 0.0145

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0007 MKD (High: 0.0151 / Low: 0.0144). On the other end, October was the most stable month, with a tight range of 0.0003 MKD (High: 0.0145 / Low: 0.0143).

July Spread (Volatile) ±0.0007
October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and November, 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 June and July, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.0161) against the same month in 2016 (average: 0.0162), the exchange rate shifted by -0.0000 (-0.30%).

2017 Avg (February) 0.0161
2016 Avg (February) 0.0162

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0163 0.0158 0.0160
February 0.0164 0.0158 0.0161
March 0.0163 0.0157 0.0160
April 0.0161 0.0154 0.0158
May 0.0156 0.0151 0.0154
June 0.0154 0.0150 0.0153
July 0.0151 0.0144 0.0148
August 0.0146 0.0142 0.0144
September 0.0145 0.0141 0.0143
October 0.0145 0.0143 0.0144
November 0.0146 0.0142 0.0144
December 0.0145 0.0141 0.0143