2026 MKD to CVE Historical Review

YEARLY HIGH

1.8229 CVE

YEARLY LOW

1.7750 CVE

YEARLY AVERAGE

1.7911 CVE

2026 MKD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the MKD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 1.8229. Conversely, the yearly low was recorded on June 20, dropping to 1.7750.

This high-to-low spread represents a total annual volatility of 0.0479 CVE. From a start-to-finish perspective, comparing the January average rate of 1.7918 to the December average rate of 1.7917, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 1.8229 was down 0.66% compared to the 2025 peak of 1.8350, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,115 CVE

2025 Average 8,974 CVE

Yearly Trough Low 8,875 CVE

Transaction Impact: A difference of 239.60 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

1.7929

1.7875

JanuMarcMayJuly

MKD to CVE 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 1.7910, compared to 1.7917 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 1.7910

H2 Avg (Jul–Dec) 1.7917

Volatility Range Comparison

Volatility

The most volatile month in 2026 was March, with a trading range of 0.0466 CVE (High: 1.8229 / Low: 1.7763). On the other end, May was the most stable month, with a tight range of 0.0079 CVE (High: 1.7968 / Low: 1.7890).

March Spread (Volatile) ±0.0466

May Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2026. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0038 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2026: 1.7924) against the same month in 2025 (average: 1.7954), the exchange rate shifted by -0.0029 (-0.16%).

2026 Avg (March) 1.7924

2025 Avg (March) 1.7954

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8061	1.7816	1.7918
February	1.7986	1.7842	1.7899
March	1.8229	1.7763	1.7924
April	1.8002	1.7829	1.7920
May	1.7968	1.7890	1.7917
June	1.7934	1.7750	1.7879
July	1.8056	1.7883	1.7917