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MKD to CVE Historical Rates

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

10-YEAR HIGH
4.5916 CVE
10-YEAR LOW
1.7189 CVE
10-YEAR AVERAGE
1.7957 CVE

10-Year MKD to CVE Performance & Macro Timing Review

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

Over the last 10 years, the MKD to CVE exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on March 18, 2020, when the pair was valued at 4.5916. Conversely, the absolute lowest rate of the decade was recorded on September 21, 2022, dropping to a support floor of 1.7189.

This peak-to-trough range represents a total macro spread of 2.8727 CVE. From a long-term perspective, comparing the decade's oldest annual average of 1.7917 (in 2016) to the newest annual average of 1.7908 (in 2026), the exchange rate registered a net shift of -0.05%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 1.7936, showing a variance of 0.0041 points compared to the older 5-year average of 1.7978.

10-Year Payout Timing Comparison

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

Decade Peak High 22,958 CVE
10-Year Average 8,978 CVE
Decade Trough Low 8,594 CVE
Macro Timing Impact: A difference of 14,363.65 CVE purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

1.8994
1.7166
201620182020202220242026

MKD to CVE 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 1.7978, compared to 1.7936 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 0.0041 points.

Older 5 Yrs Avg 1.7978
Recent 5 Yrs Avg 1.7936

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2020, with a trading range of 2.8214 CVE (High: 4.5916 / Low: 1.7702). Conversely, 2019 was the most stable year, with a range of 0.0430 CVE (High: 1.8238 / Low: 1.7809).

2020 Spread (Volatile) ±2.8214
2019 Spread (Stable) ±0.0430

Decade Growth & Declines

Macro Trends

Between 2016 and 2020, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 4 straight years. Conversely, the sharpest year-over-year decline occurred between 2020 and 2021, when the average rate fell by 0.0074 points.

Longest Streak 4 Yrs.
Sharpest YoY Drop -0.0074

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 1.7917) against the newest annual average (2026: 1.7908), the exchange rate shifted by -0.0009 (-0.05%).

2016 Baseline Avg 1.7917
2026 Current Avg 1.7908

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-28 1.7922
2026-07-27 1.7940
2026-07-26 1.7910
2026-07-25 1.7913
2026-07-24 1.7926
2026-07-23 1.7924
2026-07-22 1.7913
2026-07-21 1.7908
2026-07-20 1.7899
2026-07-19 1.7890
2026-07-18 1.7894
2026-07-17 1.7889
2026-07-16 1.7883
2026-07-15 1.7899
2026-07-14 1.7923
2026-07-13 1.7898
2026-07-12 1.7889
2026-07-11 1.7945
2026-07-10 1.7908
2026-07-09 1.7912
2026-07-08 1.7900
2026-07-07 1.7897
2026-07-06 1.7899
2026-07-05 1.7890
2026-07-04 1.7890
2026-07-03 1.7891
2026-07-02 1.7918
2026-07-01 1.7891
2026-06-30 1.7894
2026-06-29 1.7908
2026-06-28 1.7892

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