2021 MKD to JPY Historical Review

YEARLY HIGH

2.1822 JPY

YEARLY LOW

2.0327 JPY

YEARLY AVERAGE

2.1080 JPY

2021 MKD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 2.1822. Conversely, the yearly low was recorded on January 18, dropping to 2.0327.

This high-to-low spread represents a total annual volatility of 0.1495 JPY. From a start-to-finish perspective, comparing the January average rate of 2.0496 to the December average rate of 2.0892, the exchange rate registered a net change of 1.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1822 was up 5.95% compared to the 2020 peak of 2.0597, 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 10,911 JPY

2020 Average 9,883 JPY

Yearly Trough Low 10,164 JPY

Transaction Impact: A difference of 747.48 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.1644

2.0392

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 2.1073, compared to 2.1088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 2.1073

H2 Avg (Jul–Dec) 2.1088

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.0766 JPY (High: 2.1627 / Low: 2.0861). On the other end, March was the most stable month, with a tight range of 0.0324 JPY (High: 2.1171 / Low: 2.0847).

October Spread (Volatile) ±0.0766

March Spread (Stable) ±0.0324

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0368 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0368

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 2.1539) against the same month in 2020 (average: 1.9650), the exchange rate shifted by +0.1889 (+9.61%).

2021 Avg (June) 2.1539

2020 Avg (June) 1.9650

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0667	2.0327	2.0496
February	2.1072	2.0467	2.0690
March	2.1171	2.0847	2.1005
April	2.1481	2.1013	2.1176
May	2.1770	2.1285	2.1530
June	2.1822	2.1309	2.1539
July	2.1495	2.0969	2.1172
August	2.1222	2.0809	2.0980
September	2.1230	2.0796	2.1070
October	2.1627	2.0861	2.1312
November	2.1496	2.0741	2.1104
December	2.1168	2.0704	2.0892