2024 JPY to MKD Historical Review

YEARLY HIGH

0.3954 MKD

YEARLY LOW

0.3521 MKD

YEARLY AVERAGE

0.3759 MKD

2024 JPY to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.3954. Conversely, the yearly low was recorded on July 10, dropping to 0.3521.

This high-to-low spread represents a total annual volatility of 0.0433 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3859 to the December average rate of 0.3814, the exchange rate registered a net change of -1.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3954 was down 11.31% compared to the 2023 peak of 0.4458, 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 197,708 MKD

2023 Average 203,043 MKD

Yearly Trough Low 176,035 MKD

Transaction Impact: A difference of 21,673.24 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3900

0.3576

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 0.3743, compared to 0.3775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.3743

H2 Avg (Jul–Dec) 0.3775

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0279 MKD (High: 0.3799 / Low: 0.3521). On the other end, June was the most stable month, with a tight range of 0.0091 MKD (High: 0.3658 / Low: 0.3567).

July Spread (Volatile) ±0.0279

June Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between July and September, 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 September and October, when the average rate fell by 0.0106 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3859) against the same month in 2023 (average: 0.4393), the exchange rate shifted by -0.0534 (-12.16%).

2024 Avg (January) 0.3859

2023 Avg (January) 0.4393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3954	0.3811	0.3859
February	0.3876	0.3771	0.3813
March	0.3844	0.3726	0.3782
April	0.3784	0.3635	0.3728
May	0.3745	0.3605	0.3657
June	0.3658	0.3567	0.3618
July	0.3799	0.3521	0.3603
August	0.3890	0.3757	0.3822
September	0.3950	0.3789	0.3873
October	0.3850	0.3697	0.3767
November	0.3882	0.3694	0.3772
December	0.3919	0.3737	0.3814