2017 JPY to MKD Historical Review

YEARLY HIGH

0.5357 MKD

YEARLY LOW

0.4548 MKD

YEARLY AVERAGE

0.4872 MKD

2017 JPY to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JPY to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.5357. Conversely, the yearly low was recorded on December 30, dropping to 0.4548.

This high-to-low spread represents a total annual volatility of 0.0809 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5032 to the December average rate of 0.4603, the exchange rate registered a net change of -8.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5357 was down 3.24% compared to the 2016 peak of 0.5536, 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 267,839 MKD

2016 Average 256,392 MKD

Yearly Trough Low 227,398 MKD

Transaction Impact: A difference of 40,441.03 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5284

0.4541

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 0.5066, compared to 0.4679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0388 points.

H1 Avg (Jan–Jun) 0.5066

H2 Avg (Jul–Dec) 0.4679

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0293 MKD (High: 0.5357 / Low: 0.5064). On the other end, November was the most stable month, with a tight range of 0.0084 MKD (High: 0.4682 / Low: 0.4597).

April Spread (Volatile) ±0.0293

November Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0259 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0259

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.5222) against the same month in 2016 (average: 0.4965), the exchange rate shifted by +0.0257 (+5.17%).

2017 Avg (April) 0.5222

2016 Avg (April) 0.4965

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5090	0.4960	0.5032
February	0.5198	0.5049	0.5123
March	0.5190	0.5031	0.5106
April	0.5357	0.5064	0.5222
May	0.5055	0.4915	0.4962
June	0.5018	0.4800	0.4951
July	0.4807	0.4721	0.4758
August	0.4807	0.4679	0.4754
September	0.4758	0.4583	0.4668
October	0.4678	0.4581	0.4640
November	0.4682	0.4597	0.4648
December	0.4653	0.4548	0.4603