YEARLY HIGH
0.0186 MKD
YEARLY LOW
0.0063 MKD
YEARLY AVERAGE
0.0124 MKD

2017 UZS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the UZS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0186. Conversely, the yearly low was recorded on September 10, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0123 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0179 to the December average rate of 0.0064, the exchange rate registered a net change of -64.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0186 was down 9.04% compared to the 2016 peak of 0.0204, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 93 MKD
2016 Average 94 MKD
Yearly Trough Low 31 MKD
Transaction Impact: A difference of 61.26 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0190
0.0053
JanuMarcMayJulySeptNove

UZS 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 0.0161, compared to 0.0088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.0161
H2 Avg (Jul–Dec) 0.0088

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 0.0061 MKD (High: 0.0124 / Low: 0.0063). On the other end, October was the most stable month, with a tight range of 0.0001 MKD (High: 0.0066 / Low: 0.0064).

September Spread (Volatile) ±0.0061
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0054 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0179) against the same month in 2016 (average: 0.0201), the exchange rate shifted by -0.0023 (-11.21%).

2017 Avg (January) 0.0179
2016 Avg (January) 0.0201

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0186 0.0175 0.0179
February 0.0178 0.0173 0.0176
March 0.0177 0.0157 0.0167
April 0.0160 0.0151 0.0157
May 0.0152 0.0143 0.0147
June 0.0143 0.0137 0.0141
July 0.0138 0.0128 0.0133
August 0.0128 0.0123 0.0126
September 0.0124 0.0063 0.0072
October 0.0066 0.0064 0.0065
November 0.0066 0.0064 0.0065
December 0.0065 0.0063 0.0064