YEARLY HIGH
2.9811 ETB
YEARLY LOW
2.0891 ETB
YEARLY AVERAGE
2.5555 ETB

2025 MKD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2025

During 2025, the MKD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 2.9811. Conversely, the yearly low was recorded on January 10, dropping to 2.0891.

This high-to-low spread represents a total annual volatility of 0.8919 ETB. From a start-to-finish perspective, comparing the January average rate of 2.1379 to the December average rate of 2.9567, the exchange rate registered a net change of 38.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2025 high of 2.9811 was up 36.41% compared to the 2024 peak of 2.1853, 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 14,905 ETB
2024 Average 7,240 ETB
Yearly Trough Low 10,446 ETB
Transaction Impact: A difference of 4,459.74 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2025.

3.0386
2.0561
JanuMarcMayJulySeptNove

MKD to ETB 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 2.3328, compared to 2.7783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4455 points.

H1 Avg (Jan–Jun) 2.3328
H2 Avg (Jul–Dec) 2.7783

Volatility Range Comparison

Volatility

The most volatile month in 2025 was March, with a trading range of 0.1890 ETB (High: 2.3278 / Low: 2.1388). On the other end, December was the most stable month, with a tight range of 0.0675 ETB (High: 2.9811 / Low: 2.9136).

March Spread (Volatile) ±0.1890
December Spread (Stable) ±0.0675

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2025: 2.9567) against the same month in 2024 (average: 2.1562), the exchange rate shifted by +0.8005 (+37.12%).

2025 Avg (December) 2.9567
2024 Avg (December) 2.1562

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1927 2.0891 2.1379
February 2.1881 2.1115 2.1537
March 2.3278 2.1388 2.2842
April 2.4851 2.3027 2.4092
May 2.5161 2.4014 2.4693
June 2.5981 2.4833 2.5425
July 2.6559 2.5667 2.6160
August 2.7185 2.5619 2.6544
September 2.7983 2.6987 2.7394
October 2.8935 2.7503 2.8069
November 2.9315 2.8550 2.8964
December 2.9811 2.9136 2.9567