2026 BND to MKD Historical Review

YEARLY HIGH

42.0485 MKD

YEARLY LOW

40.5312 MKD

YEARLY AVERAGE

41.4020 MKD

2026 BND to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the BND to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 42.0485. Conversely, the yearly low was recorded on January 27, dropping to 40.5312.

This high-to-low spread represents a total annual volatility of 1.5173 MKD. From a start-to-finish perspective, comparing the January average rate of 41.0083 to the December average rate of 41.7758, the exchange rate registered a net change of 1.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2026 high of 42.0485 was down 4.65% compared to the 2025 peak of 44.1006, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 210,243 MKD

2025 Average 208,556 MKD

Yearly Trough Low 202,656 MKD

Transaction Impact: A difference of 7,586.42 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

41.8525

40.9315

JanuMarcMayJuly

BND 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 41.3397, compared to 41.7758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4361 points.

H1 Avg (Jan–Jun) 41.3397

H2 Avg (Jul–Dec) 41.7758

Volatility Range Comparison

Volatility

The most volatile month in 2026 was March, with a trading range of 0.7846 MKD (High: 42.0485 / Low: 41.2639). On the other end, May was the most stable month, with a tight range of 0.3125 MKD (High: 41.5106 / Low: 41.1981).

March Spread (Volatile) ±0.7846

May Spread (Stable) ±0.3125

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3568 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3568

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2026: 41.6500) against the same month in 2025 (average: 42.6368), the exchange rate shifted by -0.9868 (-2.31%).

2026 Avg (March) 41.6500

2025 Avg (March) 42.6368

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.2331	40.5312	41.0083
February	41.3788	40.7322	41.1467
March	42.0485	41.2639	41.6500
April	41.6632	41.0603	41.2933
May	41.5106	41.1981	41.3698
June	41.8353	41.3210	41.5702
July	41.9073	41.5608	41.7758