YEARLY HIGH
0.4919 MKD
YEARLY LOW
0.4582 MKD
YEARLY AVERAGE
0.4745 MKD

2021 JPY to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JPY to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.4919. Conversely, the yearly low was recorded on June 3, dropping to 0.4582.

This high-to-low spread represents a total annual volatility of 0.0337 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4879 to the December average rate of 0.4787, the exchange rate registered a net change of -1.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4919 was down 8.45% compared to the 2020 peak of 0.5374, 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 245,975 MKD
2020 Average 253,134 MKD
Yearly Trough Low 229,124 MKD
Transaction Impact: A difference of 16,850.89 MKD purely based on transaction execution date.

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0.4903
0.4619
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 0.4747, compared to 0.4743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.4747
H2 Avg (Jul–Dec) 0.4743

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.0170 MKD (High: 0.4794 / Low: 0.4624). On the other end, March was the most stable month, with a tight range of 0.0073 MKD (High: 0.4797 / Low: 0.4723).

October Spread (Volatile) Âą0.0170
March Spread (Stable) Âą0.0073

Growth Streaks & Declines

Trends

Between June and August, 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 April and May, when the average rate fell by 0.0078 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.4879) against the same month in 2020 (average: 0.5071), the exchange rate shifted by -0.0192 (-3.78%).

2021 Avg (January) 0.4879
2020 Avg (January) 0.5071

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Month High Low Average
January 0.4919 0.4839 0.4879
February 0.4886 0.4746 0.4834
March 0.4797 0.4723 0.4761
April 0.4759 0.4655 0.4723
May 0.4698 0.4594 0.4645
June 0.4693 0.4582 0.4643
July 0.4769 0.4652 0.4723
August 0.4806 0.4712 0.4767
September 0.4809 0.4710 0.4746
October 0.4794 0.4624 0.4693
November 0.4821 0.4652 0.4739
December 0.4830 0.4724 0.4787