MAD to MKD Historical Rates

Analyze long-term market trends and access daily historical data for the MAD/MKD pair.

10-YEAR HIGH
5.9880 MKD
10-YEAR LOW
5.3993 MKD
10-YEAR AVERAGE
5.7050 MKD

10-Year MAD to MKD Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the MAD to MKD exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on July 11, 2022, when the pair was valued at 5.9880. Conversely, the absolute lowest rate of the decade was recorded on February 1, 2018, dropping to a support floor of 5.3993.

This peak-to-trough range represents a total macro spread of 0.5887 MKD. From a long-term perspective, comparing the decade's oldest annual average of 5.6922 (in 2016) to the newest annual average of 5.7262 (in 2026), the exchange rate registered a net shift of +0.60%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 5.7480, showing a variance of 0.0855 points compared to the older 5-year average of 5.6626.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 5,000 MAD over the decade:

Decade Peak High 29,940 MKD
10-Year Average 28,525 MKD
Decade Trough Low 26,996 MKD
Macro Timing Impact: A difference of 2,943.66 MKD purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

5.9914
5.3614
201620182020202220242026

MAD to MKD Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 5.6626, compared to 5.7480 in the recent 5 years. This shows that the rate was stronger in the recent 5 years (post-5yr baseline) by a margin of 0.0855 points.

Older 5 Yrs Avg 5.6626
Recent 5 Yrs Avg 5.7480

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2022, with a trading range of 0.4800 MKD (High: 5.9880 / Low: 5.5080). Conversely, 2026 was the most stable year, with a range of 0.1672 MKD (High: 5.8121 / Low: 5.6449).

2022 Spread (Volatile) ±0.4800
2026 Spread (Stable) ±0.1672

Decade Growth & Declines

Macro Trends

Between 2023 and 2025, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 2 straight years. Conversely, the sharpest year-over-year decline occurred between 2022 and 2023, when the average rate fell by 0.1435 points.

Longest Streak 2 Yrs.
Sharpest YoY Drop -0.1435

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 5.6922) against the newest annual average (2026: 5.7262), the exchange rate shifted by +0.0339 (+0.60%).

2016 Baseline Avg 5.6922
2026 Current Avg 5.7262

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-29 5.7728
2026-07-28 5.7674
2026-07-27 5.7706
2026-07-26 5.7764
2026-07-25 5.7766
2026-07-24 5.7702
2026-07-23 5.7507
2026-07-22 5.7517
2026-07-21 5.7588
2026-07-20 5.7732
2026-07-19 5.7812
2026-07-18 5.7800
2026-07-17 5.7818
2026-07-16 5.7822
2026-07-15 5.7844
2026-07-14 5.7869
2026-07-13 5.7840
2026-07-12 5.7718
2026-07-11 5.7783
2026-07-10 5.7717
2026-07-09 5.7674
2026-07-08 5.7662
2026-07-07 5.7671
2026-07-06 5.7611
2026-07-05 5.7578
2026-07-04 5.7579
2026-07-03 5.7621
2026-07-02 5.7586
2026-07-01 5.7593
2026-06-30 5.7579
2026-06-29 5.7609

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