2026 MKD to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2026.
2026 MKD to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2026
During 2026, the MKD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 28.1646. Conversely, the yearly low was recorded on March 26, dropping to 25.6048.
This high-to-low spread represents a total annual volatility of 2.5598 ARS. From a start-to-finish perspective, comparing the January average rate of 27.5935 to the December average rate of 27.8581, the exchange rate registered a net change of 0.96% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2026 high of 28.1646 was down 0.63% compared to the 2025 peak of 28.3422, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2026.
MKD to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 26.7961, compared to 27.7121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9160 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2026 was February, with a trading range of 1.8170 ARS (High: 28.0135 / Low: 26.1966). On the other end, August was the most stable month, with a tight range of 0.0000 ARS (High: 27.8581 / Low: 27.8581).
Growth Streaks & Declines
TrendsBetween April and August, 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 February and March, when the average rate fell by 0.7701 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2026: 27.5935) against the same month in 2025 (average: 17.5178), the exchange rate shifted by +10.0758 (+57.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28.1646 | 26.8287 | 27.5935 |
| February | 28.0135 | 26.1966 | 27.0084 |
| March | 27.1018 | 25.6048 | 26.2383 |
| April | 26.9367 | 25.8598 | 26.2206 |
| May | 26.7085 | 26.4939 | 26.6355 |
| June | 27.4316 | 26.7570 | 27.0804 |
| July | 27.8769 | 27.3092 | 27.5661 |
| August | 27.8581 | 27.8581 | 27.8581 |