2019 JMD to MKD Historical Review

YEARLY HIGH

0.4386 MKD

YEARLY LOW

0.3914 MKD

YEARLY AVERAGE

0.4118 MKD

2019 JMD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 0.4386. Conversely, the yearly low was recorded on December 15, dropping to 0.3914.

This high-to-low spread represents a total annual volatility of 0.0472 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4151 to the December average rate of 0.4044, the exchange rate registered a net change of -2.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4386 was up 1.52% compared to the 2018 peak of 0.4320, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JMD based on timing:

Yearly Peak High 2,193 MKD

2018 Average 2,025 MKD

Yearly Trough Low 1,957 MKD

Transaction Impact: A difference of 235.93 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4348

0.3936

JanuMarcMayJulySeptNove

JMD 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 0.4167, compared to 0.4070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 0.4167

H2 Avg (Jul–Dec) 0.4070

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0288 MKD (High: 0.4202 / Low: 0.3914). On the other end, November was the most stable month, with a tight range of 0.0045 MKD (High: 0.3994 / Low: 0.3950).

December Spread (Volatile) ±0.0288

November Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0143 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 0.4228) against the same month in 2018 (average: 0.4021), the exchange rate shifted by +0.0207 (+5.14%).

2019 Avg (April) 0.4228

2018 Avg (April) 0.4021

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4246	0.4031	0.4151
February	0.4192	0.3944	0.4061
March	0.4380	0.4175	0.4314
April	0.4386	0.4115	0.4228
May	0.4123	0.4023	0.4085
June	0.4252	0.4021	0.4160
July	0.4171	0.4043	0.4097
August	0.4132	0.4056	0.4095
September	0.4192	0.4056	0.4114
October	0.4207	0.3999	0.4098
November	0.3994	0.3950	0.3970
December	0.4202	0.3914	0.4044