YEARLY HIGH
1.4277 GMD
YEARLY LOW
1.3365 GMD
YEARLY AVERAGE
1.3829 GMD

2026 MKD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the MKD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 1.4277. Conversely, the yearly low was recorded on June 25, dropping to 1.3365.

This high-to-low spread represents a total annual volatility of 0.0912 GMD. From a start-to-finish perspective, comparing the January average rate of 1.3991 to the December average rate of 1.3632, the exchange rate registered a net change of -2.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 1.4277 was up 0.01% compared to the 2025 peak of 1.4276, 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 7,139 GMD
2025 Average 6,631 GMD
Yearly Trough Low 6,682 GMD
Transaction Impact: A difference of 456.11 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

1.4097
1.3586
JanuMarcMayJuly

MKD to GMD 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 1.3861, compared to 1.3632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0230 points.

H1 Avg (Jan–Jun) 1.3861
H2 Avg (Jul–Dec) 1.3632

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 0.0467 GMD (High: 1.4277 / Low: 1.3811). On the other end, May was the most stable month, with a tight range of 0.0169 GMD (High: 1.3888 / Low: 1.3718).

January Spread (Volatile) ±0.0467
May Spread (Stable) ±0.0169

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 February and March, when the average rate fell by 0.0271 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 1.3991) against the same month in 2025 (average: 1.2107), the exchange rate shifted by +0.1884 (+15.56%).

2026 Avg (January) 1.3991
2025 Avg (January) 1.2107

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4277 1.3811 1.3991
February 1.4177 1.3901 1.4055
March 1.3902 1.3642 1.3784
April 1.4166 1.3778 1.3936
May 1.3888 1.3718 1.3773
June 1.3774 1.3365 1.3629
July 1.3854 1.3457 1.3632