YEARLY HIGH
0.4573 MKD
YEARLY LOW
0.4113 MKD
YEARLY AVERAGE
0.4387 MKD

2014 JPY to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the JPY to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.4573. Conversely, the yearly low was recorded on December 7, dropping to 0.4113.

This high-to-low spread represents a total annual volatility of 0.0460 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4347 to the December average rate of 0.4180, the exchange rate registered a net change of -3.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4573 was down 16.12% compared to the 2013 peak of 0.5451, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 228,638 MKD
2013 Average 238,688 MKD
Yearly Trough Low 205,639 MKD
Transaction Impact: A difference of 22,998.69 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4532
0.4148
JanuMarcMayJulySeptNove

JPY 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 0.4388, compared to 0.4385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.4388
H2 Avg (Jul–Dec) 0.4385

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0218 MKD (High: 0.4381 / Low: 0.4162). On the other end, June was the most stable month, with a tight range of 0.0054 MKD (High: 0.4463 / Low: 0.4409).

November Spread (Volatile) ±0.0218
June Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0242 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.4500) against the same month in 2013 (average: 0.4611), the exchange rate shifted by -0.0110 (-2.39%).

2014 Avg (October) 0.4500
2013 Avg (October) 0.4611

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4460 0.4243 0.4347
February 0.4499 0.4374 0.4423
March 0.4411 0.4298 0.4359
April 0.4381 0.4316 0.4354
May 0.4451 0.4342 0.4402
June 0.4463 0.4409 0.4441
July 0.4490 0.4427 0.4460
August 0.4505 0.4430 0.4478
September 0.4513 0.4381 0.4435
October 0.4573 0.4385 0.4500
November 0.4381 0.4162 0.4259
December 0.4226 0.4113 0.4180