2020 JPY to MKD Historical Review

YEARLY HIGH

0.5374 MKD

YEARLY LOW

0.4855 MKD

YEARLY AVERAGE

0.5063 MKD

2020 JPY to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JPY to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.5374. Conversely, the yearly low was recorded on December 29, dropping to 0.4855.

This high-to-low spread represents a total annual volatility of 0.0519 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5071 to the December average rate of 0.4880, the exchange rate registered a net change of -3.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5374 was up 1.26% compared to the 2019 peak of 0.5307, 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 268,686 MKD

2019 Average 252,180 MKD

Yearly Trough Low 242,749 MKD

Transaction Impact: A difference of 25,936.64 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5308

0.4841

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 0.5167, compared to 0.4959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0208 points.

H1 Avg (Jan–Jun) 0.5167

H2 Avg (Jul–Dec) 0.4959

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0237 MKD (High: 0.5374 / Low: 0.5137). On the other end, December was the most stable month, with a tight range of 0.0081 MKD (High: 0.4936 / Low: 0.4855).

May Spread (Volatile) ±0.0237

December Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0180 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.5269) against the same month in 2019 (average: 0.5007), the exchange rate shifted by +0.0262 (+5.24%).

2020 Avg (May) 0.5269

2019 Avg (May) 0.5007

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5142	0.5011	0.5071
February	0.5193	0.5083	0.5137
March	0.5267	0.5101	0.5177
April	0.5333	0.5206	0.5261
May	0.5374	0.5137	0.5269
June	0.5146	0.4966	0.5089
July	0.5104	0.4916	0.5041
August	0.4951	0.4869	0.4916
September	0.5021	0.4883	0.4949
October	0.5038	0.4941	0.4977
November	0.5054	0.4942	0.4991
December	0.4936	0.4855	0.4880

2020 JPY నుండి MKD చారిత్రక సమీక్ష