2017 MKD to JPY Historical Review

YEARLY HIGH

2.1988 JPY

YEARLY LOW

1.8668 JPY

YEARLY AVERAGE

2.0563 JPY

2017 MKD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.1988. Conversely, the yearly low was recorded on April 16, dropping to 1.8668.

This high-to-low spread represents a total annual volatility of 0.3320 JPY. From a start-to-finish perspective, comparing the January average rate of 1.9873 to the December average rate of 2.1724, the exchange rate registered a net change of 9.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.1988 was up 2.74% compared to the 2016 peak of 2.1401, 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 10,994 JPY

2016 Average 9,771 JPY

Yearly Trough Low 9,334 JPY

Transaction Impact: A difference of 1,659.98 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.1981

1.8899

JanuMarcMayJulySeptNove

MKD to JPY 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 1.9748, compared to 2.1379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1631 points.

H1 Avg (Jan–Jun) 1.9748

H2 Avg (Jul–Dec) 2.1379

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.1079 JPY (High: 1.9747 / Low: 1.8668). On the other end, July was the most stable month, with a tight range of 0.0380 JPY (High: 2.1182 / Low: 2.0802).

April Spread (Volatile) ±0.1079

July Spread (Stable) ±0.0380

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0430 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0430

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2.1724) against the same month in 2016 (average: 1.9876), the exchange rate shifted by +0.1849 (+9.30%).

2017 Avg (December) 2.1724

2016 Avg (December) 1.9876

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0162	1.9646	1.9873
February	1.9808	1.9240	1.9520
March	1.9877	1.9267	1.9586
April	1.9747	1.8668	1.9156
May	2.0348	1.9782	2.0152
June	2.0833	1.9928	2.0197
July	2.1182	2.0802	2.1016
August	2.1373	2.0802	2.1035
September	2.1819	2.1019	2.1426
October	2.1827	2.1376	2.1554
November	2.1752	2.1360	2.1516
December	2.1988	2.1492	2.1724