2021 UGX to MKD Historical Review

YEARLY HIGH

0.0154 MKD

YEARLY LOW

0.0135 MKD

YEARLY AVERAGE

0.0145 MKD

2021 UGX to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the UGX to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0154. Conversely, the yearly low was recorded on January 6, dropping to 0.0135.

This high-to-low spread represents a total annual volatility of 0.0019 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0137 to the December average rate of 0.0153, the exchange rate registered a net change of 11.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0154 was down 0.92% compared to the 2020 peak of 0.0156, 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 77 MKD

2020 Average 73 MKD

Yearly Trough Low 68 MKD

Transaction Impact: A difference of 9.38 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0155

0.0136

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 0.0141, compared to 0.0149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0141

H2 Avg (Jul–Dec) 0.0149

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0005 MKD (High: 0.0154 / Low: 0.0149). On the other end, December was the most stable month, with a tight range of 0.0002 MKD (High: 0.0154 / Low: 0.0152).

November Spread (Volatile) ±0.0005

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0153) against the same month in 2020 (average: 0.0138), the exchange rate shifted by +0.0015 (+10.96%).

2021 Avg (December) 0.0153

2020 Avg (December) 0.0138

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0138	0.0135	0.0137
February	0.0141	0.0138	0.0139
March	0.0144	0.0139	0.0141
April	0.0143	0.0141	0.0142
May	0.0144	0.0141	0.0143
June	0.0146	0.0142	0.0144
July	0.0148	0.0146	0.0147
August	0.0149	0.0146	0.0148
September	0.0150	0.0147	0.0148
October	0.0150	0.0146	0.0148
November	0.0154	0.0149	0.0152
December	0.0154	0.0152	0.0153