2026 GHS to MKD Historical Review

YEARLY HIGH

5.0130 MKD

YEARLY LOW

4.4896 MKD

YEARLY AVERAGE

4.7748 MKD

2026 GHS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the GHS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 5.0130. Conversely, the yearly low was recorded on June 5, dropping to 4.4896.

This high-to-low spread represents a total annual volatility of 0.5234 MKD. From a start-to-finish perspective, comparing the January average rate of 4.8785 to the December average rate of 4.5757, the exchange rate registered a net change of -6.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 5.0130 was down 5.29% compared to the 2025 peak of 5.2932, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,065 MKD

2025 Average 22,005 MKD

Yearly Trough Low 22,448 MKD

Transaction Impact: A difference of 2,617.20 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

4.9376

4.5428

JanuMarcMayJuly

GHS 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 4.8224, compared to 4.6320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1904 points.

H1 Avg (Jan–Jun) 4.8224

H2 Avg (Jul–Dec) 4.6320

Volatility Range Comparison

Volatility

The most volatile month in 2026 was June, with a trading range of 0.4478 MKD (High: 4.9374 / Low: 4.4896). On the other end, August was the most stable month, with a tight range of 0.0000 MKD (High: 4.5757 / Low: 4.5757).

June Spread (Volatile) ±0.4478

August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2026. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1978 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1978

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 4.8785) against the same month in 2025 (average: 3.9798), the exchange rate shifted by +0.8986 (+22.58%).

2026 Avg (January) 4.8785

2025 Avg (January) 3.9798

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5.0130	4.6932	4.8785
February	4.9098	4.7052	4.7692
March	4.9486	4.8506	4.9047
April	4.8743	4.7290	4.7743
May	4.9536	4.6933	4.9028
June	4.9374	4.4896	4.7050
July	4.7788	4.5894	4.6883
August	4.5757	4.5757	4.5757