2018 MKD to JPY Historical Review

YEARLY HIGH

2.2284 JPY

YEARLY LOW

2.0319 JPY

YEARLY AVERAGE

2.1175 JPY

2018 MKD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 2.2284. Conversely, the yearly low was recorded on May 29, dropping to 2.0319.

This high-to-low spread represents a total annual volatility of 0.1965 JPY. From a start-to-finish perspective, comparing the January average rate of 2.1982 to the December average rate of 2.0728, the exchange rate registered a net change of -5.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.2284 was up 1.35% compared to the 2017 peak of 2.1988, 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 11,142 JPY

2017 Average 10,286 JPY

Yearly Trough Low 10,159 JPY

Transaction Impact: A difference of 982.62 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.2108

2.0602

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 2.1379, compared to 2.0971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0409 points.

H1 Avg (Jan–Jun) 2.1379

H2 Avg (Jul–Dec) 2.0971

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.1217 JPY (High: 2.1536 / Low: 2.0319). On the other end, November was the most stable month, with a tight range of 0.0355 JPY (High: 2.1151 / Low: 2.0796).

May Spread (Volatile) ±0.1217

November Spread (Stable) ±0.0355

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0399 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0399

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 2.1630) against the same month in 2017 (average: 1.9520), the exchange rate shifted by +0.2110 (+10.81%).

2018 Avg (February) 2.1630

2017 Avg (February) 1.9520

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2130	2.1645	2.1982
February	2.2284	2.1114	2.1630
March	2.1440	2.1009	2.1231
April	2.1623	2.1132	2.1445
May	2.1536	2.0319	2.1057
June	2.1263	2.0698	2.0931
July	2.1397	2.0911	2.1143
August	2.1238	2.0366	2.0796
September	2.1585	2.0814	2.1198
October	2.1426	2.0663	2.1029
November	2.1151	2.0796	2.0932
December	2.0994	2.0378	2.0728