YEARLY HIGH
0.0414 MKD
YEARLY LOW
0.0392 MKD
YEARLY AVERAGE
0.0405 MKD

2026 IQD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the IQD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 25, valuing the pair at 0.0414. Conversely, the yearly low was recorded on January 27, dropping to 0.0392.

This high-to-low spread represents a total annual volatility of 0.0023 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0401 to the December average rate of 0.0408, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2026 high of 0.0414 was down 9.60% compared to the 2025 peak of 0.0459, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 207 MKD
2025 Average 208 MKD
Yearly Trough Low 196 MKD
Transaction Impact: A difference of 11.42 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

0.0413
0.0397
JanuMarcMayJuly

IQD 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 0.0403, compared to 0.0410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0403
H2 Avg (Jul–Dec) 0.0410

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 0.0013 MKD (High: 0.0405 / Low: 0.0392). On the other end, August was the most stable month, with a tight range of 0.0000 MKD (High: 0.0408 / Low: 0.0408).

January Spread (Volatile) ±0.0013
August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2026: 0.0409) against the same month in 2025 (average: 0.0407), the exchange rate shifted by +0.0001 (+0.29%).

2026 Avg (June) 0.0409
2025 Avg (June) 0.0407

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0405 0.0392 0.0401
February 0.0400 0.0394 0.0398
March 0.0410 0.0399 0.0407
April 0.0410 0.0399 0.0403
May 0.0405 0.0401 0.0404
June 0.0414 0.0403 0.0409
July 0.0413 0.0409 0.0412
August 0.0408 0.0408 0.0408