2025 KES to MKD Historical Review

YEARLY HIGH

0.4641 MKD

YEARLY LOW

0.4021 MKD

YEARLY AVERAGE

0.4221 MKD

2025 KES to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2025

During 2025, the KES to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.4641. Conversely, the yearly low was recorded on September 18, dropping to 0.4021.

This high-to-low spread represents a total annual volatility of 0.0619 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4594 to the December average rate of 0.4072, the exchange rate registered a net change of -11.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2025 high of 0.4641 was up 1.18% compared to the 2024 peak of 0.4587, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,320 MKD

2024 Average 2,123 MKD

Yearly Trough Low 2,011 MKD

Transaction Impact: A difference of 309.62 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2025.

0.4648

0.4002

JanuMarcMayJulySeptNove

KES 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 0.4359, compared to 0.4083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 0.4359

H2 Avg (Jul–Dec) 0.4083

Volatility Range Comparison

Volatility

The most volatile month in 2025 was April, with a trading range of 0.0281 MKD (High: 0.4414 / Low: 0.4133). On the other end, November was the most stable month, with a tight range of 0.0057 MKD (High: 0.4146 / Low: 0.4090).

April Spread (Volatile) ±0.0281

November Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between September and November, 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 March and April, when the average rate fell by 0.0175 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2025: 0.4594) against the same month in 2024 (average: 0.3530), the exchange rate shifted by +0.1064 (+30.14%).

2025 Avg (January) 0.4594

2024 Avg (January) 0.3530

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4641	0.4534	0.4594
February	0.4623	0.4521	0.4572
March	0.4596	0.4343	0.4408
April	0.4414	0.4133	0.4234
May	0.4291	0.4175	0.4219
June	0.4204	0.4036	0.4126
July	0.4174	0.4028	0.4070
August	0.4175	0.4062	0.4091
September	0.4092	0.4021	0.4056
October	0.4125	0.4053	0.4096
November	0.4146	0.4090	0.4113
December	0.4108	0.4049	0.4072