2026 MKD to HNL Historical Review

YEARLY HIGH

0.5157 HNL

YEARLY LOW

0.4925 HNL

YEARLY AVERAGE

0.5016 HNL

2026 MKD to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the MKD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.5157. Conversely, the yearly low was recorded on March 14, dropping to 0.4925.

This high-to-low spread represents a total annual volatility of 0.0232 HNL. From a start-to-finish perspective, comparing the January average rate of 0.5028 to the December average rate of 0.5019, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 0.5157 was up 2.09% compared to the 2025 peak of 0.5052, 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 2,579 HNL

2025 Average 2,391 HNL

Yearly Trough Low 2,463 HNL

Transaction Impact: A difference of 115.82 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

0.5087

0.4953

JanuMarcMayJuly

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.5024, compared to 0.4992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.5024

H2 Avg (Jul–Dec) 0.4992

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 0.0179 HNL (High: 0.5157 / Low: 0.4978). On the other end, August was the most stable month, with a tight range of 0.0021 HNL (High: 0.5030 / Low: 0.5009).

January Spread (Volatile) ±0.0179

August Spread (Stable) ±0.0021

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 0.0098 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 0.5028) against the same month in 2025 (average: 0.4285), the exchange rate shifted by +0.0743 (+17.35%).

2026 Avg (January) 0.5028

2025 Avg (January) 0.4285

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5157	0.4978	0.5028
February	0.5112	0.5048	0.5076
March	0.5070	0.4925	0.4977
April	0.5094	0.4950	0.5045
May	0.5064	0.5019	0.5030
June	0.5032	0.4927	0.4990
July	0.5027	0.4934	0.4964
August	0.5030	0.5009	0.5019