YEARLY HIGH
0.3635 MKD
YEARLY LOW
0.3295 MKD
YEARLY AVERAGE
0.3459 MKD

2021 JMD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.3635. Conversely, the yearly low was recorded on April 28, dropping to 0.3295.

This high-to-low spread represents a total annual volatility of 0.0340 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3512 to the December average rate of 0.3530, the exchange rate registered a net change of 0.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3635 was down 14.77% compared to the 2020 peak of 0.4265, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,818 MKD
2020 Average 1,908 MKD
Yearly Trough Low 1,647 MKD
Transaction Impact: A difference of 170.03 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3550
0.3348
JanuMarcMayJulySeptNove

JMD 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 0.3443, compared to 0.3475 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) 0.3443
H2 Avg (Jul–Dec) 0.3475

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0305 MKD (High: 0.3599 / Low: 0.3295). On the other end, December was the most stable month, with a tight range of 0.0047 MKD (High: 0.3550 / Low: 0.3503).

April Spread (Volatile) ±0.0305
December Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between August and October, 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 January and February, when the average rate fell by 0.0109 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.3534) against the same month in 2020 (average: 0.3626), the exchange rate shifted by -0.0092 (-2.54%).

2021 Avg (October) 0.3534
2020 Avg (October) 0.3626

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3553 0.3473 0.3512
February 0.3487 0.3343 0.3403
March 0.3615 0.3387 0.3515
April 0.3599 0.3295 0.3446
May 0.3393 0.3301 0.3365
June 0.3464 0.3378 0.3419
July 0.3494 0.3334 0.3409
August 0.3452 0.3334 0.3403
September 0.3607 0.3425 0.3500
October 0.3635 0.3415 0.3534
November 0.3524 0.3425 0.3475
December 0.3550 0.3503 0.3530