2026 MKD to IQD Historical Review

YEARLY HIGH

25.5328 IQD

YEARLY LOW

24.1262 IQD

YEARLY AVERAGE

24.6892 IQD

2026 MKD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the MKD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 25.5328. Conversely, the yearly low was recorded on June 25, dropping to 24.1262.

This high-to-low spread represents a total annual volatility of 1.4066 IQD. From a start-to-finish perspective, comparing the January average rate of 24.9432 to the December average rate of 24.4909, the exchange rate registered a net change of -1.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 25.5328 was up 1.34% compared to the 2025 peak of 25.1956, 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 127,664 IQD

2025 Average 120,301 IQD

Yearly Trough Low 120,631 IQD

Transaction Impact: A difference of 7,033.09 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

25.2066

24.1930

JanuMarcMayJuly

MKD to IQD 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 24.7909, compared to 24.3842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4067 points.

H1 Avg (Jan–Jun) 24.7909

H2 Avg (Jul–Dec) 24.3842

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 0.8459 IQD (High: 25.5328 / Low: 24.6869). On the other end, August was the most stable month, with a tight range of 0.0000 IQD (High: 24.4909 / Low: 24.4909).

January Spread (Volatile) ±0.8459

August Spread (Stable) ±0.0000

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 0.5389 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.5389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 24.9432) against the same month in 2025 (average: 22.0437), the exchange rate shifted by +2.8996 (+13.15%).

2026 Avg (January) 24.9432

2025 Avg (January) 22.0437

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.5328	24.6869	24.9432
February	25.3574	25.0012	25.1221
March	25.0779	24.3682	24.5833
April	25.0780	24.4137	24.8455
May	24.9218	24.7064	24.7756
June	24.7899	24.1262	24.4756
July	24.4265	24.2100	24.2775
August	24.4909	24.4909	24.4909