2021 MKD to JMD Historical Review

YEARLY HIGH

3.0349 JMD

YEARLY LOW

2.7510 JMD

YEARLY AVERAGE

2.8921 JMD

2021 MKD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 3.0349. Conversely, the yearly low was recorded on October 3, dropping to 2.7510.

This high-to-low spread represents a total annual volatility of 0.2839 JMD. From a start-to-finish perspective, comparing the January average rate of 2.8472 to the December average rate of 2.8331, the exchange rate registered a net change of -0.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.0349 was up 4.80% compared to the 2020 peak of 2.8961, 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 15,175 JMD

2020 Average 13,160 JMD

Yearly Trough Low 13,755 JMD

Transaction Impact: A difference of 1,419.60 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.9857

2.8168

JanuMarcMayJulySeptNove

MKD to JMD 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 2.9054, compared to 2.8788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0266 points.

H1 Avg (Jan–Jun) 2.9054

H2 Avg (Jul–Dec) 2.8788

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.2568 JMD (High: 3.0349 / Low: 2.7782). On the other end, December was the most stable month, with a tight range of 0.0379 JMD (High: 2.8547 / Low: 2.8167).

April Spread (Volatile) ±0.2568

December Spread (Stable) ±0.0379

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.0930 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0930

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 2.9034) against the same month in 2020 (average: 2.4242), the exchange rate shifted by +0.4791 (+19.76%).

2021 Avg (April) 2.9034

2020 Avg (April) 2.4242

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8791	2.8146	2.8472
February	2.9915	2.8680	2.9391
March	2.9525	2.7660	2.8461
April	3.0349	2.7782	2.9034
May	3.0293	2.9471	2.9717
June	2.9604	2.8869	2.9252
July	2.9991	2.8624	2.9341
August	2.9996	2.8965	2.9392
September	2.9195	2.7725	2.8576
October	2.9282	2.7510	2.8309
November	2.9196	2.8377	2.8780
December	2.8547	2.8167	2.8331

2021 MKD నుండి JMD చారిత్రక సమీక్ష