2022 UGX to MKD Historical Review

YEARLY HIGH

0.0166 MKD

YEARLY LOW

0.0151 MKD

YEARLY AVERAGE

0.0159 MKD

2022 UGX to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the UGX to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0166. Conversely, the yearly low was recorded on June 1, dropping to 0.0151.

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 0.0154 to the December average rate of 0.0158, the exchange rate registered a net change of 2.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0166 was up 7.84% compared to the 2021 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 83 MKD

2021 Average 73 MKD

Yearly Trough Low 76 MKD

Transaction Impact: A difference of 7.45 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0165

0.0153

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 0.0157, compared to 0.0160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0157

H2 Avg (Jul–Dec) 0.0160

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0014 MKD (High: 0.0166 / Low: 0.0152). On the other end, February was the most stable month, with a tight range of 0.0004 MKD (High: 0.0156 / Low: 0.0153).

May Spread (Volatile) ±0.0014

February Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0162) against the same month in 2021 (average: 0.0148), the exchange rate shifted by +0.0014 (+9.68%).

2022 Avg (September) 0.0162

2021 Avg (September) 0.0148

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0158	0.0153	0.0154
February	0.0156	0.0153	0.0155
March	0.0157	0.0154	0.0156
April	0.0165	0.0156	0.0161
May	0.0166	0.0152	0.0161
June	0.0158	0.0151	0.0155
July	0.0163	0.0156	0.0159
August	0.0163	0.0155	0.0158
September	0.0166	0.0159	0.0162
October	0.0166	0.0161	0.0164
November	0.0166	0.0158	0.0161
December	0.0160	0.0155	0.0158