2026 ILS to MKD Historical Review

YEARLY HIGH

18.8621 MKD

YEARLY LOW

16.4603 MKD

YEARLY AVERAGE

17.5226 MKD

2026 ILS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the ILS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 18.8621. Conversely, the yearly low was recorded on January 1, dropping to 16.4603.

This high-to-low spread represents a total annual volatility of 2.4018 MKD. From a start-to-finish perspective, comparing the January average rate of 16.7044 to the December average rate of 17.8182, the exchange rate registered a net change of 6.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2026 high of 18.8621 was up 11.95% compared to the 2025 peak of 16.8490, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 94,311 MKD

2025 Average 79,082 MKD

Yearly Trough Low 82,302 MKD

Transaction Impact: A difference of 12,009.07 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

18.8481

16.5095

JanuMarcMayJuly

ILS 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 17.4733, compared to 17.8182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3449 points.

H1 Avg (Jan–Jun) 17.4733

H2 Avg (Jul–Dec) 17.8182

Volatility Range Comparison

Volatility

The most volatile month in 2026 was May, with a trading range of 1.0058 MKD (High: 18.8621 / Low: 17.8563). On the other end, February was the most stable month, with a tight range of 0.3091 MKD (High: 16.9429 / Low: 16.6339).

May Spread (Volatile) ±1.0058

February Spread (Stable) ±0.3091

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.4394 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4394

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2026: 18.6532) against the same month in 2025 (average: 15.3096), the exchange rate shifted by +3.3436 (+21.84%).

2026 Avg (May) 18.6532

2025 Avg (May) 15.3096

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.8720	16.4603	16.7044
February	16.9429	16.6339	16.7982
March	17.3427	16.6314	17.0906
April	17.7931	16.8795	17.3798
May	18.8621	17.8563	18.6532
June	18.8605	18.0079	18.2138
July	18.1407	17.4480	17.8182