2026 BGN to MKD Historical Review

YEARLY HIGH

31.8838 MKD

YEARLY LOW

31.2464 MKD

YEARLY AVERAGE

31.5002 MKD

2026 BGN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the BGN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 31.8838. Conversely, the yearly low was recorded on March 8, dropping to 31.2464.

This high-to-low spread represents a total annual volatility of 0.6374 MKD. From a start-to-finish perspective, comparing the January average rate of 31.5100 to the December average rate of 31.4941, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 31.8838 was down 0.14% compared to the 2025 peak of 31.9285, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 159,419 MKD

2025 Average 157,312 MKD

Yearly Trough Low 156,232 MKD

Transaction Impact: A difference of 3,186.95 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

31.5175

31.4651

JanuMarcMayJuly

BGN 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 31.5013, compared to 31.4941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 31.5013

H2 Avg (Jul–Dec) 31.4941

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 0.4493 MKD (High: 31.8838 / Low: 31.4344). On the other end, May was the most stable month, with a tight range of 0.0203 MKD (High: 31.5220 / Low: 31.5018).

January Spread (Volatile) ±0.4493

May Spread (Stable) ±0.0203

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 0.0437 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0437

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 31.5100) against the same month in 2025 (average: 31.4653), the exchange rate shifted by +0.0447 (+0.14%).

2026 Avg (January) 31.5100

2025 Avg (January) 31.4653

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.8838	31.4344	31.5100
February	31.6120	31.4874	31.5132
March	31.5245	31.2464	31.4695
April	31.7020	31.3648	31.5095
May	31.5220	31.5018	31.5130
June	31.5265	31.2842	31.4924
July	31.5398	31.4168	31.4941