2020 UGX to MKD Historical Review

YEARLY HIGH

0.0156 MKD

YEARLY LOW

0.0137 MKD

YEARLY AVERAGE

0.0145 MKD

2020 UGX to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the UGX to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0156. Conversely, the yearly low was recorded on December 31, dropping to 0.0137.

This high-to-low spread represents a total annual volatility of 0.0018 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0151 to the December average rate of 0.0138, the exchange rate registered a net change of -8.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0156 was up 1.18% compared to the 2019 peak of 0.0154, 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 78 MKD

2019 Average 74 MKD

Yearly Trough Low 69 MKD

Transaction Impact: A difference of 9.12 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0155

0.0137

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 0.0150, compared to 0.0141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0150

H2 Avg (Jul–Dec) 0.0141

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0007 MKD (High: 0.0148 / Low: 0.0141). On the other end, June was the most stable month, with a tight range of 0.0002 MKD (High: 0.0147 / Low: 0.0145).

July Spread (Volatile) ±0.0007

June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0006 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0154) against the same month in 2019 (average: 0.0148), the exchange rate shifted by +0.0006 (+3.93%).

2020 Avg (February) 0.0154

2019 Avg (February) 0.0148

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0152	0.0148	0.0151
February	0.0156	0.0151	0.0154
March	0.0151	0.0145	0.0148
April	0.0152	0.0148	0.0150
May	0.0150	0.0147	0.0149
June	0.0147	0.0145	0.0147
July	0.0148	0.0141	0.0145
August	0.0143	0.0141	0.0142
September	0.0143	0.0140	0.0141
October	0.0142	0.0139	0.0141
November	0.0142	0.0139	0.0140
December	0.0139	0.0137	0.0138