YEARLY HIGH
0.0148 MKD
YEARLY LOW
0.0135 MKD
YEARLY AVERAGE
0.0140 MKD

2018 UGX to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the UGX to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.0148. Conversely, the yearly low was recorded on April 16, dropping to 0.0135.

This high-to-low spread represents a total annual volatility of 0.0013 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0139 to the December average rate of 0.0146, the exchange rate registered a net change of 5.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0148 was down 9.76% compared to the 2017 peak of 0.0164, 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 74 MKD
2017 Average 76 MKD
Yearly Trough Low 67 MKD
Transaction Impact: A difference of 6.46 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0147
0.0135
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 0.0137, compared to 0.0142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0137
H2 Avg (Jul–Dec) 0.0142

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.0007 MKD (High: 0.0143 / Low: 0.0135). On the other end, April was the most stable month, with a tight range of 0.0002 MKD (High: 0.0137 / Low: 0.0135).

July Spread (Volatile) ±0.0007
April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0146) against the same month in 2017 (average: 0.0143), the exchange rate shifted by +0.0002 (+1.65%).

2018 Avg (December) 0.0146
2017 Avg (December) 0.0143

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0142 0.0136 0.0139
February 0.0139 0.0135 0.0137
March 0.0138 0.0135 0.0137
April 0.0137 0.0135 0.0136
May 0.0142 0.0137 0.0140
June 0.0140 0.0135 0.0137
July 0.0143 0.0135 0.0140
August 0.0146 0.0139 0.0143
September 0.0141 0.0137 0.0139
October 0.0145 0.0139 0.0142
November 0.0146 0.0143 0.0145
December 0.0148 0.0145 0.0146