YEARLY HIGH
0.3472 MKD
YEARLY LOW
0.3293 MKD
YEARLY AVERAGE
0.3364 MKD

2026 ETB to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the ETB to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.3472. Conversely, the yearly low was recorded on June 4, dropping to 0.3293.

This high-to-low spread represents a total annual volatility of 0.0179 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3376 to the December average rate of 0.3354, the exchange rate registered a net change of -0.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 0.3472 was down 27.47% compared to the 2025 peak of 0.4787, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,736 MKD
2025 Average 1,976 MKD
Yearly Trough Low 1,646 MKD
Transaction Impact: A difference of 89.54 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

0.3427
0.3309
JanuMarcMayJuly

ETB 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 0.3365, compared to 0.3354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.3365
H2 Avg (Jul–Dec) 0.3354

Volatility Range Comparison

Volatility

The most volatile month in 2026 was June, with a trading range of 0.0113 MKD (High: 0.3406 / Low: 0.3293). On the other end, May was the most stable month, with a tight range of 0.0053 MKD (High: 0.3349 / Low: 0.3296).

June Spread (Volatile) ±0.0113
May Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between 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 0.0051 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2026: 0.3418) against the same month in 2025 (average: 0.4380), the exchange rate shifted by -0.0963 (-21.98%).

2026 Avg (March) 0.3418
2025 Avg (March) 0.4380

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3409 0.3304 0.3376
February 0.3390 0.3321 0.3357
March 0.3472 0.3362 0.3418
April 0.3437 0.3330 0.3370
May 0.3349 0.3296 0.3319
June 0.3406 0.3293 0.3352
July 0.3388 0.3323 0.3354