2026 MKD to GNF Historical Review

YEARLY HIGH

170.7863 GNF

YEARLY LOW

161.3368 GNF

YEARLY AVERAGE

165.4726 GNF

2026 MKD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the MKD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 170.7863. Conversely, the yearly low was recorded on June 25, dropping to 161.3368.

This high-to-low spread represents a total annual volatility of 9.4495 GNF. From a start-to-finish perspective, comparing the January average rate of 166.6163 to the December average rate of 162.5642, the exchange rate registered a net change of -2.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 170.7863 was up 2.02% compared to the 2025 peak of 167.4123, 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 853,931 GNF

2025 Average 796,044 GNF

Yearly Trough Low 806,684 GNF

Transaction Impact: A difference of 47,247.39 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

168.8165

161.9958

JanuMarcMayJuly

MKD to GNF 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 165.9573, compared to 162.5642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3932 points.

H1 Avg (Jan–Jun) 165.9573

H2 Avg (Jul–Dec) 162.5642

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 5.8931 GNF (High: 170.7863 / Low: 164.8932). On the other end, July was the most stable month, with a tight range of 1.4044 GNF (High: 163.4020 / Low: 161.9976).

January Spread (Volatile) ±5.8931

July Spread (Stable) ±1.4044

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 3.6277 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -3.6277

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 166.6163) against the same month in 2025 (average: 145.5229), the exchange rate shifted by +21.0934 (+14.49%).

2026 Avg (January) 166.6163

2025 Avg (January) 145.5229

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	170.7863	164.8932	166.6163
February	169.7361	167.4314	168.2481
March	167.8983	163.1203	164.6204
April	167.9563	163.6784	166.4739
May	166.9378	165.4161	165.9787
June	165.9807	161.3368	163.8066
July	163.4020	161.9976	162.5642