2026 ISK to MKD Historical Review

YEARLY HIGH

0.4329 MKD

YEARLY LOW

0.4172 MKD

YEARLY AVERAGE

0.4273 MKD

2026 ISK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the ISK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.4329. Conversely, the yearly low was recorded on January 3, dropping to 0.4172.

This high-to-low spread represents a total annual volatility of 0.0156 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4211 to the December average rate of 0.4299, the exchange rate registered a net change of 2.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2026 high of 0.4329 was down 0.92% compared to the 2025 peak of 0.4369, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,164 MKD

2025 Average 2,127 MKD

Yearly Trough Low 2,086 MKD

Transaction Impact: A difference of 78.14 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

0.4307

0.4203

JanuMarcMayJuly

ISK 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 0.4269, compared to 0.4299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.4269

H2 Avg (Jul–Dec) 0.4299

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 0.0105 MKD (High: 0.4277 / Low: 0.4172). On the other end, May was the most stable month, with a tight range of 0.0021 MKD (High: 0.4305 / Low: 0.4285).

January Spread (Volatile) ±0.0105

May Spread (Stable) ±0.0021

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 0.0017 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2026: 0.4299) against the same month in 2025 (average: 0.4318), the exchange rate shifted by -0.0019 (-0.45%).

2026 Avg (July) 0.4299

2025 Avg (July) 0.4318

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4277	0.4172	0.4211
February	0.4305	0.4243	0.4258
March	0.4305	0.4231	0.4276
April	0.4312	0.4261	0.4288
May	0.4305	0.4285	0.4299
June	0.4299	0.4260	0.4282
July	0.4329	0.4278	0.4299