2026 HRK to MKD Historical Review

YEARLY HIGH

8.2765 MKD

YEARLY LOW

8.1110 MKD

YEARLY AVERAGE

8.1749 MKD

2026 HRK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the HRK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 8.2765. Conversely, the yearly low was recorded on March 8, dropping to 8.1110.

This high-to-low spread represents a total annual volatility of 0.1654 MKD. From a start-to-finish perspective, comparing the January average rate of 8.1794 to the December average rate of 8.1616, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 8.2765 was down 0.20% compared to the 2025 peak of 8.2931, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 41,382 MKD

2025 Average 40,838 MKD

Yearly Trough Low 40,555 MKD

Transaction Impact: A difference of 827.23 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

8.1822

8.1597

JanuMarcMayJuly

HRK 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 8.1772, compared to 8.1682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 8.1772

H2 Avg (Jul–Dec) 8.1682

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 0.1166 MKD (High: 8.2765 / Low: 8.1598). On the other end, August was the most stable month, with a tight range of 0.0000 MKD (High: 8.1616 / Low: 8.1616).

January Spread (Volatile) ±0.1166

August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and May, 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 July and August, when the average rate fell by 0.0133 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 8.1794) against the same month in 2025 (average: 8.1628), the exchange rate shifted by +0.0166 (+0.20%).

2026 Avg (January) 8.1794

2025 Avg (January) 8.1628

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8.2765	8.1598	8.1794
February	8.2060	8.1736	8.1803
March	8.1830	8.1110	8.1689
April	8.2294	8.1418	8.1793
May	8.1826	8.1773	8.1802
June	8.1838	8.1209	8.1749
July	8.1872	8.1553	8.1749
August	8.1616	8.1616	8.1616