2026 ERN to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2026.
2026 ERN to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2026
During 2026, the ERN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 53.8085. Conversely, the yearly low was recorded on May 2, dropping to 3.5043.
This high-to-low spread represents a total annual volatility of 50.3042 MKD. From a start-to-finish perspective, comparing the January average rate of 52.5243 to the December average rate of 3.5554, the exchange rate registered a net change of -93.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2026 high of 53.8085 was down 10.67% compared to the 2025 peak of 60.2349, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ERN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2026.
ERN 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: Jan–Jun) was 35.1177, compared to 3.5757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 31.5421 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2026 was April, with a trading range of 50.0357 MKD (High: 53.5414 / Low: 3.5057). On the other end, August was the most stable month, with a tight range of 0.0000 MKD (High: 3.5554 / Low: 3.5554).
Growth Streaks & Declines
TrendsBetween May and July, 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 April and May, when the average rate fell by 42.1840 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2026: 53.2586) against the same month in 2025 (average: 56.9658), the exchange rate shifted by -3.7072 (-6.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 53.0647 | 51.2681 | 52.5243 |
| February | 52.3693 | 51.7808 | 52.1221 |
| March | 53.8085 | 52.1511 | 53.2586 |
| April | 53.5414 | 3.5057 | 45.7084 |
| May | 3.5348 | 3.5043 | 3.5244 |
| June | 3.6181 | 3.5233 | 3.5685 |
| July | 3.6074 | 3.5609 | 3.5960 |
| August | 3.5554 | 3.5554 | 3.5554 |