2026 BWP to MKD Historical Review

YEARLY HIGH

3.9960 MKD

YEARLY LOW

3.7579 MKD

YEARLY AVERAGE

3.9366 MKD

2026 BWP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the BWP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 3.9960. Conversely, the yearly low was recorded on January 4, dropping to 3.7579.

This high-to-low spread represents a total annual volatility of 0.2381 MKD. From a start-to-finish perspective, comparing the January average rate of 3.9326 to the December average rate of 3.9546, the exchange rate registered a net change of 0.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2026 high of 3.9960 was down 7.27% compared to the 2025 peak of 4.3094, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,980 MKD

2025 Average 20,039 MKD

Yearly Trough Low 18,790 MKD

Transaction Impact: A difference of 1,190.56 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

3.9660

3.8964

JanuMarcMayJuly

BWP 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 3.9337, compared to 3.9546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0209 points.

H1 Avg (Jan–Jun) 3.9337

H2 Avg (Jul–Dec) 3.9546

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 0.2357 MKD (High: 3.9936 / Low: 3.7579). On the other end, May was the most stable month, with a tight range of 0.0204 MKD (High: 3.9384 / Low: 3.9180).

January Spread (Volatile) ±0.2357

May Spread (Stable) ±0.0204

Growth Streaks & Declines

Trends

Between April and June, 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 0.0251 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2026: 3.9546) against the same month in 2025 (average: 3.9200), the exchange rate shifted by +0.0345 (+0.88%).

2026 Avg (July) 3.9546

2025 Avg (July) 3.9200

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.9936	3.7579	3.9326
February	3.9779	3.7790	3.9490
March	3.9810	3.8643	3.9240
April	3.9432	3.8571	3.9022
May	3.9384	3.9180	3.9340
June	3.9848	3.9328	3.9602
July	3.9960	3.7718	3.9546