2024 UZS to MKD Historical Review

YEARLY HIGH

0.0046 MKD

YEARLY LOW

0.0043 MKD

YEARLY AVERAGE

0.0045 MKD

2024 UZS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UZS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.0046. Conversely, the yearly low was recorded on September 25, dropping to 0.0043.

This high-to-low spread represents a total annual volatility of 0.0003 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0046, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0046 was down 10.83% compared to the 2023 peak of 0.0052, 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 23 MKD

2023 Average 24 MKD

Yearly Trough Low 22 MKD

Transaction Impact: A difference of 1.62 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0046

0.0043

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 0.0045, compared to 0.0045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0045

H2 Avg (Jul–Dec) 0.0045

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0002 MKD (High: 0.0045 / Low: 0.0043). On the other end, March was the most stable month, with a tight range of 0.0001 MKD (High: 0.0046 / Low: 0.0045).

August Spread (Volatile) ±0.0002

March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0046) against the same month in 2023 (average: 0.0051), the exchange rate shifted by -0.0005 (-9.58%).

2024 Avg (February) 0.0046

2023 Avg (February) 0.0051

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0046	0.0045	0.0046
February	0.0046	0.0045	0.0046
March	0.0046	0.0045	0.0045
April	0.0046	0.0045	0.0045
May	0.0046	0.0044	0.0045
June	0.0046	0.0045	0.0045
July	0.0046	0.0045	0.0045
August	0.0045	0.0043	0.0044
September	0.0044	0.0043	0.0044
October	0.0045	0.0043	0.0044
November	0.0046	0.0044	0.0045
December	0.0046	0.0045	0.0046