YEARLY HIGH
1.5039 MKD
YEARLY LOW
1.1855 MKD
YEARLY AVERAGE
1.2922 MKD

2020 UYU to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the UYU to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 1.5039. Conversely, the yearly low was recorded on December 17, dropping to 1.1855.

This high-to-low spread represents a total annual volatility of 0.3184 MKD. From a start-to-finish perspective, comparing the January average rate of 1.4836 to the December average rate of 1.1936, the exchange rate registered a net change of -19.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.5039 was down 10.51% compared to the 2019 peak of 1.6804, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 UYU based on timing:

Yearly Peak High 7,519 MKD
2019 Average 7,812 MKD
Yearly Trough Low 5,927 MKD
Transaction Impact: A difference of 1,591.92 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.5156
1.1643
JanuMarcMayJulySeptNove

UYU 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 1.3613, compared to 1.2231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1381 points.

H1 Avg (Jan–Jun) 1.3613
H2 Avg (Jul–Dec) 1.2231

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2049 MKD (High: 1.4405 / Low: 1.2356). On the other end, October was the most stable month, with a tight range of 0.0208 MKD (High: 1.2365 / Low: 1.2156).

March Spread (Volatile) ±0.2049
October Spread (Stable) ±0.0208

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 0.1834 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1834

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 1.4863) against the same month in 2019 (average: 1.6644), the exchange rate shifted by -0.1781 (-10.70%).

2020 Avg (February) 1.4863
2019 Avg (February) 1.6644

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4997 1.4689 1.4836
February 1.5039 1.4405 1.4863
March 1.4405 1.2356 1.3029
April 1.3248 1.2726 1.3062
May 1.3414 1.2786 1.3046
June 1.3049 1.2677 1.2841
July 1.3004 1.2217 1.2494
August 1.2356 1.2084 1.2217
September 1.2485 1.2136 1.2297
October 1.2365 1.2156 1.2279
November 1.2305 1.2091 1.2166
December 1.2105 1.1855 1.1936