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2026 PGK to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2026
During 2026, the PGK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 12.4679. Conversely, the yearly low was recorded on January 29, dropping to 11.8478.
This high-to-low spread represents a total annual volatility of 0.6201 MKD. From a start-to-finish perspective, comparing the January average rate of 12.2815 to the December average rate of 11.9466, the exchange rate registered a net change of -2.73% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2026 high of 12.4679 was down 17.38% compared to the 2025 peak of 15.0907, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
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PGK to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 12.2098, compared to 12.0673 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.1425 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2026 was January, with a trading range of 0.6201 MKD (High: 12.4679 / Low: 11.8478). On the other end, August was the most stable month, with a tight range of 0.0000 MKD (High: 11.9466 / Low: 11.9466).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2026. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2414 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2026: 12.2815) against the same month in 2025 (average: 14.7507), the exchange rate shifted by -2.4692 (-16.74%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 12.4679 | 11.8478 | 12.2815 |
| February | 12.2687 | 11.9699 | 12.1261 |
| March | 12.4644 | 12.0234 | 12.3451 |
| April | 12.4052 | 11.9500 | 12.1567 |
| May | 12.1600 | 12.1151 | 12.1365 |
| June | 12.3784 | 12.0892 | 12.2128 |
| July | 12.3284 | 12.0542 | 12.1880 |
| August | 11.9466 | 11.9466 | 11.9466 |