2018 JPY to MKD Historical Review

YEARLY HIGH

0.4922 MKD

YEARLY LOW

0.4488 MKD

YEARLY AVERAGE

0.4724 MKD

2018 JPY to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JPY to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 0.4922. Conversely, the yearly low was recorded on February 2, dropping to 0.4488.

This high-to-low spread represents a total annual volatility of 0.0434 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4549 to the December average rate of 0.4825, the exchange rate registered a net change of 6.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4922 was down 8.12% compared to the 2017 peak of 0.5357, 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 246,079 MKD

2017 Average 243,515 MKD

Yearly Trough Low 224,377 MKD

Transaction Impact: A difference of 21,702.00 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4852

0.4522

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 0.4679, compared to 0.4769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 0.4679

H2 Avg (Jul–Dec) 0.4769

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0278 MKD (High: 0.4922 / Low: 0.4643). On the other end, November was the most stable month, with a tight range of 0.0081 MKD (High: 0.4809 / Low: 0.4728).

May Spread (Volatile) ±0.0278

November Spread (Stable) ±0.0081

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 August and September, when the average rate fell by 0.0091 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.4750) against the same month in 2017 (average: 0.4962), the exchange rate shifted by -0.0213 (-4.29%).

2018 Avg (May) 0.4750

2017 Avg (May) 0.4962

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4620	0.4519	0.4549
February	0.4736	0.4488	0.4624
March	0.4760	0.4664	0.4710
April	0.4732	0.4625	0.4663
May	0.4922	0.4643	0.4750
June	0.4831	0.4703	0.4778
July	0.4782	0.4674	0.4730
August	0.4910	0.4709	0.4809
September	0.4805	0.4633	0.4718
October	0.4839	0.4667	0.4756
November	0.4809	0.4728	0.4777
December	0.4907	0.4763	0.4825