2026 MKD to ILS Historical Review

YEARLY HIGH

0.0608 ILS

YEARLY LOW

0.0530 ILS

YEARLY AVERAGE

0.0572 ILS

2026 MKD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the MKD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0608. Conversely, the yearly low was recorded on May 30, dropping to 0.0530.

This high-to-low spread represents a total annual volatility of 0.0077 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0599 to the December average rate of 0.0562, the exchange rate registered a net change of -6.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 0.0608 was down 11.95% compared to the 2025 peak of 0.0690, 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 304 ILS

2025 Average 317 ILS

Yearly Trough Low 265 ILS

Transaction Impact: A difference of 38.68 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

0.0605

0.0530

JanuMarcMayJuly

MKD to ILS 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 0.0573, compared to 0.0562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0573

H2 Avg (Jul–Dec) 0.0562

Volatility Range Comparison

Volatility

The most volatile month in 2026 was April, with a trading range of 0.0030 ILS (High: 0.0592 / Low: 0.0562). On the other end, February was the most stable month, with a tight range of 0.0011 ILS (High: 0.0601 / Low: 0.0590).

April Spread (Volatile) ±0.0030

February Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0039 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 0.0599) against the same month in 2025 (average: 0.0608), the exchange rate shifted by -0.0009 (-1.56%).

2026 Avg (January) 0.0599

2025 Avg (January) 0.0608

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0608	0.0593	0.0599
February	0.0601	0.0590	0.0595
March	0.0601	0.0577	0.0585
April	0.0592	0.0562	0.0576
May	0.0560	0.0530	0.0536
June	0.0555	0.0530	0.0549
July	0.0574	0.0551	0.0562