2025 MKD to HNL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2025.
2025 MKD to HNL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2025
During 2025, the MKD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.5052. Conversely, the yearly low was recorded on January 10, dropping to 0.4234.
This high-to-low spread represents a total annual volatility of 0.0818 HNL. From a start-to-finish perspective, comparing the January average rate of 0.4285 to the December average rate of 0.5007, the exchange rate registered a net change of 16.85% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2025 high of 0.5052 was up 11.86% compared to the 2024 peak of 0.4516, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2025.
MKD to HNL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.4582, compared to 0.4976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0395 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2025 was April, with a trading range of 0.0330 HNL (High: 0.4817 / Low: 0.4487). On the other end, November was the most stable month, with a tight range of 0.0060 HNL (High: 0.4970 / Low: 0.4910).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0036 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2025: 0.5007) against the same month in 2024 (average: 0.4316), the exchange rate shifted by +0.0691 (+16.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.4366 | 0.4234 | 0.4285 |
| February | 0.4384 | 0.4287 | 0.4336 |
| March | 0.4574 | 0.4325 | 0.4502 |
| April | 0.4817 | 0.4487 | 0.4709 |
| May | 0.4820 | 0.4660 | 0.4768 |
| June | 0.5018 | 0.4808 | 0.4891 |
| July | 0.5032 | 0.4884 | 0.4990 |
| August | 0.5016 | 0.4886 | 0.4969 |
| September | 0.5033 | 0.4961 | 0.4993 |
| October | 0.4997 | 0.4930 | 0.4957 |
| November | 0.4970 | 0.4910 | 0.4942 |
| December | 0.5052 | 0.4957 | 0.5007 |