2019 MKD to JMD Historical Review

YEARLY HIGH

2.5549 JMD

YEARLY LOW

2.2800 JMD

YEARLY AVERAGE

2.4298 JMD

2019 MKD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 2.5549. Conversely, the yearly low was recorded on April 2, dropping to 2.2800.

This high-to-low spread represents a total annual volatility of 0.2749 JMD. From a start-to-finish perspective, comparing the January average rate of 2.4094 to the December average rate of 2.4745, the exchange rate registered a net change of 2.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.5549 was down 1.86% compared to the 2018 peak of 2.6032, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 12,774 JMD

2018 Average 12,358 JMD

Yearly Trough Low 11,400 JMD

Transaction Impact: A difference of 1,374.34 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.5389

2.2984

JanuMarcMayJulySeptNove

MKD to JMD 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 2.4015, compared to 2.4581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0566 points.

H1 Avg (Jan–Jun) 2.4015

H2 Avg (Jul–Dec) 2.4581

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.1751 JMD (High: 2.5549 / Low: 2.3798). On the other end, November was the most stable month, with a tight range of 0.0284 JMD (High: 2.5319 / Low: 2.5036).

December Spread (Volatile) ±0.1751

November Spread (Stable) ±0.0284

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.1443 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1443

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 2.4745) against the same month in 2018 (average: 2.3631), the exchange rate shifted by +0.1115 (+4.72%).

2019 Avg (December) 2.4745

2018 Avg (December) 2.3631

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4811	2.3550	2.4094
February	2.5355	2.3853	2.4627
March	2.3953	2.2829	2.3184
April	2.4300	2.2800	2.3659
May	2.4859	2.4253	2.4481
June	2.4867	2.3516	2.4044
July	2.4734	2.3975	2.4410
August	2.4654	2.4204	2.4420
September	2.4658	2.3853	2.4309
October	2.5008	2.3771	2.4411
November	2.5319	2.5036	2.5189
December	2.5549	2.3798	2.4745