2023 UZS to MKD Historical Review

YEARLY HIGH

0.0052 MKD

YEARLY LOW

0.0045 MKD

YEARLY AVERAGE

0.0049 MKD

2023 UZS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UZS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0052. Conversely, the yearly low was recorded on December 27, dropping to 0.0045.

This high-to-low spread represents a total annual volatility of 0.0007 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0051 to the December average rate of 0.0046, the exchange rate registered a net change of -9.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0052 was down 10.16% compared to the 2022 peak of 0.0058, 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 26 MKD

2022 Average 27 MKD

Yearly Trough Low 22 MKD

Transaction Impact: A difference of 3.57 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0051

0.0045

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 0.0050, compared to 0.0047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0050

H2 Avg (Jul–Dec) 0.0047

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0002 MKD (High: 0.0048 / Low: 0.0046). On the other end, October was the most stable month, with a tight range of 0.0001 MKD (High: 0.0048 / Low: 0.0047).

November Spread (Volatile) ±0.0002

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0051) against the same month in 2022 (average: 0.0050), the exchange rate shifted by +0.0000 (+0.62%).

2023 Avg (January) 0.0051

2022 Avg (January) 0.0050

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0052	0.0050	0.0051
February	0.0051	0.0050	0.0051
March	0.0051	0.0049	0.0051
April	0.0050	0.0049	0.0049
May	0.0051	0.0049	0.0050
June	0.0051	0.0049	0.0050
July	0.0049	0.0047	0.0048
August	0.0048	0.0046	0.0047
September	0.0048	0.0047	0.0047
October	0.0048	0.0047	0.0048
November	0.0048	0.0046	0.0046
December	0.0046	0.0045	0.0046