2025 GEL to MKD Historical Review

YEARLY HIGH

21.4356 MKD

YEARLY LOW

19.1672 MKD

YEARLY AVERAGE

19.9119 MKD

2025 GEL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2025

During 2025, the GEL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 21.4356. Conversely, the yearly low was recorded on July 1, dropping to 19.1672.

This high-to-low spread represents a total annual volatility of 2.2684 MKD. From a start-to-finish perspective, comparing the January average rate of 20.9270 to the December average rate of 19.5161, the exchange rate registered a net change of -6.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2025 high of 21.4356 was down 1.74% compared to the 2024 peak of 21.8142, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 107,178 MKD

2024 Average 104,682 MKD

Yearly Trough Low 95,836 MKD

Transaction Impact: A difference of 11,342.07 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2025.

21.1608

19.2596

JanuMarcMayJulySeptNove

GEL 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 20.3026, compared to 19.5211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7815 points.

H1 Avg (Jan–Jun) 20.3026

H2 Avg (Jul–Dec) 19.5211

Volatility Range Comparison

Volatility

The most volatile month in 2025 was March, with a trading range of 1.1663 MKD (High: 21.2873 / Low: 20.1210). On the other end, November was the most stable month, with a tight range of 0.2343 MKD (High: 19.7992 / Low: 19.5649).

March Spread (Volatile) ±1.1663

November Spread (Stable) ±0.2343

Growth Streaks & Declines

Trends

Between September and November, 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 March and April, when the average rate fell by 0.5923 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2025: 21.0024) against the same month in 2024 (average: 21.5052), the exchange rate shifted by -0.5028 (-2.34%).

2025 Avg (February) 21.0024

2024 Avg (February) 21.5052

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.2912	20.4091	20.9270
February	21.4356	20.6690	21.0024
March	21.2873	20.1210	20.5055
April	20.5589	19.5493	19.9132
May	20.2130	19.7196	19.9025
June	19.8185	19.1954	19.5653
July	19.9700	19.1672	19.4180
August	19.9724	19.4502	19.5994
September	19.6354	19.2623	19.4364
October	19.6619	19.2621	19.4966
November	19.7992	19.5649	19.6601
December	19.7005	19.4070	19.5161