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GEL to MKD Historical Rates

Analyze long-term market trends and access daily historical data for the GEL/MKD pair.

10-YEAR HIGH
24.3769 MKD
10-YEAR LOW
14.6833 MKD
10-YEAR AVERAGE
20.0122 MKD

10-Year GEL to MKD Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the GEL to MKD exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on April 14, 2017, when the pair was valued at 24.3769. Conversely, the absolute lowest rate of the decade was recorded on April 28, 2021, dropping to a support floor of 14.6833.

This peak-to-trough range represents a total macro spread of 9.6935 MKD. From a long-term perspective, comparing the decade's oldest annual average of 23.2502 (in 2016) to the newest annual average of 19.8187 (in 2026), the exchange rate registered a net shift of -14.76%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 20.2866, showing a variance of 0.5450 points compared to the older 5-year average of 19.7416.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 5,000 GEL over the decade:

Decade Peak High 121,884 MKD
10-Year Average 100,061 MKD
Decade Trough Low 73,417 MKD
Macro Timing Impact: A difference of 48,467.58 MKD purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

24.9265
13.7835
201620182020202220242026

GEL to MKD Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 19.7416, compared to 20.2866 in the recent 5 years. This shows that the rate was stronger in the recent 5 years (post-5yr baseline) by a margin of 0.5450 points.

Older 5 Yrs Avg 19.7416
Recent 5 Yrs Avg 20.2866

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2022, with a trading range of 6.6175 MKD (High: 23.0245 / Low: 16.4070). Conversely, 2026 was the most stable year, with a range of 1.6219 MKD (High: 20.6453 / Low: 19.0234).

2022 Spread (Volatile) ±6.6175
2026 Spread (Stable) ±1.6219

Decade Growth & Declines

Macro Trends

Between 2021 and 2023, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 2 straight years. Conversely, the sharpest year-over-year decline occurred between 2019 and 2020, when the average rate fell by 2.1148 points.

Longest Streak 2 Yrs.
Sharpest YoY Drop -2.1148

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 23.2502) against the newest annual average (2026: 19.8187), the exchange rate shifted by -3.4315 (-14.76%).

2016 Baseline Avg 23.2502
2026 Current Avg 19.8187

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-29 20.5757
2026-07-28 20.6453
2026-07-27 20.5709
2026-07-26 20.6135
2026-07-25 20.6136
2026-07-24 20.6080
2026-07-23 20.4964
2026-07-22 20.5981
2026-07-21 20.5697
2026-07-20 20.5244
2026-07-19 20.5227
2026-07-18 20.5236
2026-07-17 20.5282
2026-07-16 20.5302
2026-07-15 20.5753
2026-07-14 20.5331
2026-07-13 20.4342
2026-07-12 20.4056
2026-07-11 20.4152
2026-07-10 20.4186
2026-07-09 20.4263
2026-07-08 20.4248
2026-07-07 20.4549
2026-07-06 20.4725
2026-07-05 20.4406
2026-07-04 20.4455
2026-07-03 20.4453
2026-07-02 20.4727
2026-07-01 20.4918
2026-06-30 20.4665
2026-06-29 20.4368

Browse by Year

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