YEARLY HIGH
0.5536 MKD
YEARLY LOW
0.4673 MKD
YEARLY AVERAGE
0.5127 MKD

2016 JPY to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JPY to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 0.5536. Conversely, the yearly low was recorded on February 1, dropping to 0.4673.

This high-to-low spread represents a total annual volatility of 0.0864 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4784 to the December average rate of 0.5031, the exchange rate registered a net change of 5.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5536 was up 14.46% compared to the 2015 peak of 0.4837, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 276,819 MKD
2015 Average 229,000 MKD
Yearly Trough Low 233,629 MKD
Transaction Impact: A difference of 43,190.49 MKD purely based on transaction execution date.

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0.5487
0.4720
JanuMarcMayJulySeptNove

JPY 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 0.4950, compared to 0.5304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0355 points.

H1 Avg (Jan–Jun) 0.4950
H2 Avg (Jul–Dec) 0.5304

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0451 MKD (High: 0.5468 / Low: 0.5017). On the other end, December was the most stable month, with a tight range of 0.0090 MKD (High: 0.5085 / Low: 0.4995).

June Spread (Volatile) Âą0.0451
December Spread (Stable) Âą0.0090

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0225 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.5354) against the same month in 2015 (average: 0.4537), the exchange rate shifted by +0.0817 (+18.01%).

2016 Avg (July) 0.5354
2015 Avg (July) 0.4537

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Month High Low Average
January 0.4830 0.4688 0.4784
February 0.5010 0.4673 0.4841
March 0.4996 0.4818 0.4896
April 0.5148 0.4865 0.4965
May 0.5137 0.4966 0.5015
June 0.5468 0.5017 0.5198
July 0.5536 0.5216 0.5354
August 0.5463 0.5344 0.5423
September 0.5468 0.5293 0.5385
October 0.5440 0.5311 0.5376
November 0.5375 0.5083 0.5256
December 0.5085 0.4995 0.5031