MKD to IQD Historical Rates

Analyze long-term market trends and access daily historical data for the MKD/IQD pair.

10-YEAR HIGH
29.2205 IQD
10-YEAR LOW
19.8742 IQD
10-YEAR AVERAGE
23.5116 IQD

10-Year MKD to IQD Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the MKD to IQD exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on January 6, 2021, when the pair was valued at 29.2205. Conversely, the absolute lowest rate of the decade was recorded on November 20, 2016, dropping to a support floor of 19.8742.

This peak-to-trough range represents a total macro spread of 9.3464 IQD. From a long-term perspective, comparing the decade's oldest annual average of 20.7707 (in 2016) to the newest annual average of 24.7064 (in 2026), the exchange rate registered a net shift of +18.95%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 24.3533, showing a variance of 1.6715 points compared to the older 5-year average of 22.6819.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 5,000 MKD over the decade:

Decade Peak High 146,103 IQD
10-Year Average 117,558 IQD
Decade Trough Low 99,371 IQD
Macro Timing Impact: A difference of 46,731.84 IQD purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

30.0318
19.0962
201620182020202220242026

MKD to IQD Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 22.6819, compared to 24.3533 in the recent 5 years. This shows that the rate was stronger in the recent 5 years (post-5yr baseline) by a margin of 1.6715 points.

Older 5 Yrs Avg 22.6819
Recent 5 Yrs Avg 24.3533

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2020, with a trading range of 8.4519 IQD (High: 29.1676 / Low: 20.7156). Conversely, 2019 was the most stable year, with a range of 1.1960 IQD (High: 22.2821 / Low: 21.0861).

2020 Spread (Volatile) ±8.4519
2019 Spread (Stable) ±1.1960

Decade Growth & Declines

Macro Trends

Between 2016 and 2018, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 2 straight years. Conversely, the sharpest year-over-year decline occurred between 2021 and 2022, when the average rate fell by 3.0691 points.

Longest Streak 2 Yrs.
Sharpest YoY Drop -3.0691

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 20.7707) against the newest annual average (2026: 24.7064), the exchange rate shifted by +3.9357 (+18.95%).

2016 Baseline Avg 20.7707
2026 Current Avg 24.7064

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-29 24.2542
2026-07-28 24.2186
2026-07-27 24.2642
2026-07-26 24.2174
2026-07-25 24.2162
2026-07-24 24.2322
2026-07-23 24.2844
2026-07-22 24.2757
2026-07-21 24.2969
2026-07-20 24.3032
2026-07-19 24.2866
2026-07-18 24.2922
2026-07-17 24.3195
2026-07-16 24.2940
2026-07-15 24.2530
2026-07-14 24.2845
2026-07-13 24.2829
2026-07-12 24.2959
2026-07-11 24.2508
2026-07-10 24.2790
2026-07-09 24.2746
2026-07-08 24.2807
2026-07-07 24.2733
2026-07-06 24.3014
2026-07-05 24.3287
2026-07-04 24.3283
2026-07-03 24.2876
2026-07-02 24.2477
2026-07-01 24.2100
2026-06-30 24.2422
2026-06-29 24.2536

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