2019 JPY to MKD Historical Review

YEARLY HIGH

0.5307 MKD

YEARLY LOW

0.4826 MKD

YEARLY AVERAGE

0.5043 MKD

2019 JPY to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JPY to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 0.5307. Conversely, the yearly low was recorded on March 3, dropping to 0.4826.

This high-to-low spread represents a total annual volatility of 0.0481 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4954 to the December average rate of 0.5071, the exchange rate registered a net change of 2.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5307 was up 7.83% compared to the 2018 peak of 0.4922, 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 265,345 MKD

2018 Average 236,244 MKD

Yearly Trough Low 241,308 MKD

Transaction Impact: A difference of 24,036.90 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5240

0.4866

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 0.4954, compared to 0.5131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0177 points.

H1 Avg (Jan–Jun) 0.4954

H2 Avg (Jul–Dec) 0.5131

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0189 MKD (High: 0.5266 / Low: 0.5078). On the other end, November was the most stable month, with a tight range of 0.0065 MKD (High: 0.5153 / Low: 0.5088).

October Spread (Volatile) ±0.0189

November Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0048 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.5195) against the same month in 2018 (average: 0.4718), the exchange rate shifted by +0.0477 (+10.10%).

2019 Avg (September) 0.5195

2018 Avg (September) 0.4718

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5020	0.4900	0.4954
February	0.4954	0.4864	0.4918
March	0.4953	0.4826	0.4898
April	0.4951	0.4845	0.4904
May	0.5109	0.4930	0.5007
June	0.5109	0.4997	0.5045
July	0.5090	0.5001	0.5053
August	0.5265	0.5164	0.5209
September	0.5307	0.5133	0.5195
October	0.5266	0.5078	0.5147
November	0.5153	0.5088	0.5114
December	0.5128	0.5030	0.5071