HNL to MKD Historical Rates

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

10-YEAR HIGH
3.7450 MKD
10-YEAR LOW
1.9391 MKD
10-YEAR AVERAGE
2.2374 MKD

10-Year HNL to MKD Performance & Macro Timing Review

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

Over the last 10 years, the HNL to MKD exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on December 9, 2019, when the pair was valued at 3.7450. Conversely, the absolute lowest rate of the decade was recorded on January 27, 2026, dropping to a support floor of 1.9391.

This peak-to-trough range represents a total macro spread of 1.8059 MKD. From a long-term perspective, comparing the decade's oldest annual average of 2.4448 (in 2016) to the newest annual average of 1.9952 (in 2026), the exchange rate registered a net shift of -18.39%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 2.2357, showing a variance of 0.0033 points compared to the older 5-year average of 2.2390.

10-Year Payout Timing Comparison

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

Decade Peak High 18,725 MKD
10-Year Average 11,187 MKD
Decade Trough Low 9,695 MKD
Macro Timing Impact: A difference of 9,029.45 MKD purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

2.6085
1.9060
201620182020202220242026

HNL 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 2.2390, compared to 2.2357 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 0.0033 points.

Older 5 Yrs Avg 2.2390
Recent 5 Yrs Avg 2.2357

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2019, with a trading range of 1.5747 MKD (High: 3.7450 / Low: 2.1703). Conversely, 2026 was the most stable year, with a range of 0.0912 MKD (High: 2.0303 / Low: 1.9391).

2019 Spread (Volatile) ±1.5747
2026 Spread (Stable) ±0.0912

Decade Growth & Declines

Macro Trends

No sustained consecutive year-over-year average growth streak of 2+ years occurred in the last decade. Conversely, the sharpest year-over-year decline occurred between 2024 and 2025, when the average rate fell by 0.1908 points.

Longest Streak 1 Yrs.
Sharpest YoY Drop -0.1908

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 2.4448) against the newest annual average (2026: 1.9952), the exchange rate shifted by -0.4496 (-18.39%).

2016 Baseline Avg 2.4448
2026 Current Avg 1.9952

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-31 1.9893
2026-07-30 2.0169
2026-07-29 2.0101
2026-07-28 2.0123
2026-07-27 2.0174
2026-07-26 2.0196
2026-07-25 2.0197
2026-07-24 2.0184
2026-07-23 2.0142
2026-07-22 2.0152
2026-07-21 2.0134
2026-07-20 2.0122
2026-07-19 2.0141
2026-07-18 2.0136
2026-07-17 2.0113
2026-07-16 2.0129
2026-07-15 2.0156
2026-07-14 2.0132
2026-07-13 2.0149
2026-07-12 2.0137
2026-07-11 2.0085
2026-07-10 2.0139
2026-07-09 2.0161
2026-07-08 2.0157
2026-07-07 2.0164
2026-07-06 2.0140
2026-07-05 2.0117
2026-07-04 2.0117
2026-07-03 2.0180
2026-07-02 2.0265
2026-07-01 2.0233

Browse by Year

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