YEARLY HIGH
0.0061 MKD
YEARLY LOW
0.0048 MKD
YEARLY AVERAGE
0.0054 MKD

2020 UZS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the UZS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0061. Conversely, the yearly low was recorded on December 30, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0013 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0058 to the December average rate of 0.0048, the exchange rate registered a net change of -16.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0061 was down 22.46% compared to the 2019 peak of 0.0078, 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 30 MKD
2019 Average 31 MKD
Yearly Trough Low 24 MKD
Transaction Impact: A difference of 6.38 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0060
0.0047
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 0.0057, compared to 0.0051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0057
H2 Avg (Jul–Dec) 0.0051

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0004 MKD (High: 0.0061 / Low: 0.0057). On the other end, January was the most stable month, with a tight range of 0.0001 MKD (High: 0.0058 / Low: 0.0058).

March Spread (Volatile) ±0.0004
January Spread (Stable) ±0.0001

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 May and June, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0059) against the same month in 2019 (average: 0.0065), the exchange rate shifted by -0.0007 (-10.26%).

2020 Avg (March) 0.0059
2019 Avg (March) 0.0065

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0058 0.0058 0.0058
February 0.0060 0.0058 0.0059
March 0.0061 0.0057 0.0059
April 0.0060 0.0056 0.0058
May 0.0056 0.0055 0.0056
June 0.0055 0.0053 0.0054
July 0.0054 0.0051 0.0053
August 0.0051 0.0050 0.0051
September 0.0052 0.0050 0.0051
October 0.0051 0.0050 0.0051
November 0.0051 0.0050 0.0050
December 0.0049 0.0048 0.0048