YEARLY HIGH
0.0526 GEL
YEARLY LOW
0.0484 GEL
YEARLY AVERAGE
0.0503 GEL

2026 MKD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the MKD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.0526. Conversely, the yearly low was recorded on July 28, dropping to 0.0484.

This high-to-low spread represents a total annual volatility of 0.0041 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0513 to the December average rate of 0.0491, the exchange rate registered a net change of -4.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 0.0526 was up 0.76% compared to the 2025 peak of 0.0522, 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 263 GEL
2025 Average 251 GEL
Yearly Trough Low 242 GEL
Transaction Impact: A difference of 20.65 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

0.0517
0.0485
JanuMarcMayJuly

MKD to GEL 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 0.0508, compared to 0.0489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0508
H2 Avg (Jul–Dec) 0.0489

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 0.0019 GEL (High: 0.0526 / Low: 0.0507). On the other end, August was the most stable month, with a tight range of 0.0001 GEL (High: 0.0491 / Low: 0.0490).

January Spread (Volatile) ±0.0019
August Spread (Stable) ±0.0001

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 0.0009 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 0.0513) against the same month in 2025 (average: 0.0478), the exchange rate shifted by +0.0035 (+7.27%).

2026 Avg (January) 0.0513
2025 Avg (January) 0.0478

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0526 0.0507 0.0513
February 0.0519 0.0510 0.0515
March 0.0515 0.0498 0.0509
April 0.0516 0.0501 0.0510
May 0.0510 0.0502 0.0504
June 0.0505 0.0487 0.0495
July 0.0491 0.0484 0.0488
August 0.0491 0.0490 0.0491