YEARLY HIGH
0.4921 MKD
YEARLY LOW
0.4170 MKD
YEARLY AVERAGE
0.4471 MKD

2022 JPY to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JPY to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.4921. Conversely, the yearly low was recorded on October 31, dropping to 0.4170.

This high-to-low spread represents a total annual volatility of 0.0750 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4740 to the December average rate of 0.4319, the exchange rate registered a net change of -8.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.4921 was up 0.02% compared to the 2021 peak of 0.4919, 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 246,029 MKD
2021 Average 237,227 MKD
Yearly Trough Low 208,520 MKD
Transaction Impact: A difference of 37,509.49 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4788
0.4207
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 0.4592, compared to 0.4350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0243 points.

H1 Avg (Jan–Jun) 0.4592
H2 Avg (Jul–Dec) 0.4350

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0384 MKD (High: 0.4921 / Low: 0.4537). On the other end, January was the most stable month, with a tight range of 0.0109 MKD (High: 0.4798 / Low: 0.4689).

March Spread (Volatile) ±0.0384
January Spread (Stable) ±0.0109

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 March and April, when the average rate fell by 0.0213 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.4721) against the same month in 2021 (average: 0.4761), the exchange rate shifted by -0.0040 (-0.85%).

2022 Avg (March) 0.4721
2021 Avg (March) 0.4761

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4798 0.4689 0.4740
February 0.4772 0.4647 0.4717
March 0.4921 0.4537 0.4721
April 0.4572 0.4415 0.4508
May 0.4603 0.4452 0.4524
June 0.4452 0.4275 0.4344
July 0.4535 0.4351 0.4432
August 0.4570 0.4399 0.4486
September 0.4430 0.4212 0.4341
October 0.4362 0.4170 0.4265
November 0.4367 0.4189 0.4256
December 0.4403 0.4212 0.4319