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MKD to ISK Historical Rates

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

10-YEAR HIGH
2.6959 ISK
10-YEAR LOW
1.7863 ISK
10-YEAR AVERAGE
2.2920 ISK

10-Year MKD to ISK Performance & Macro Timing Review

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

Over the last 10 years, the MKD to ISK exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on October 29, 2020, when the pair was valued at 2.6959. Conversely, the absolute lowest rate of the decade was recorded on June 5, 2017, dropping to a support floor of 1.7863.

This peak-to-trough range represents a total macro spread of 0.9096 ISK. From a long-term perspective, comparing the decade's oldest annual average of 2.0405 (in 2016) to the newest annual average of 2.3427 (in 2026), the exchange rate registered a net shift of +14.81%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 2.3772, showing a variance of 0.1692 points compared to the older 5-year average of 2.2080.

10-Year Payout Timing Comparison

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

Decade Peak High 13,480 ISK
10-Year Average 11,460 ISK
Decade Trough Low 8,931 ISK
Macro Timing Impact: A difference of 4,548.17 ISK purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

2.7624
1.7198
201620182020202220242026

MKD to ISK 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 2.2080, compared to 2.3772 in the recent 5 years. This shows that the rate was stronger in the recent 5 years (post-5yr baseline) by a margin of 0.1692 points.

Older 5 Yrs Avg 2.2080
Recent 5 Yrs Avg 2.3772

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2020, with a trading range of 0.4892 ISK (High: 2.6959 / Low: 2.2067). Conversely, 2026 was the most stable year, with a range of 0.0790 ISK (High: 2.3968 / Low: 2.3178).

2020 Spread (Volatile) ±0.4892
2026 Spread (Stable) ±0.0790

Decade Growth & Declines

Macro Trends

Between 2017 and 2020, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 3 straight years. Conversely, the sharpest year-over-year decline occurred between 2021 and 2022, when the average rate fell by 0.1278 points.

Longest Streak 3 Yrs.
Sharpest YoY Drop -0.1278

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 2.0405) against the newest annual average (2026: 2.3427), the exchange rate shifted by +0.3021 (+14.81%).

2016 Baseline Avg 2.0405
2026 Current Avg 2.3427

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-28 2.3178
2026-07-27 2.3228
2026-07-26 2.3234
2026-07-25 2.3249
2026-07-24 2.3242
2026-07-23 2.3324
2026-07-22 2.3242
2026-07-21 2.3227
2026-07-20 2.3264
2026-07-19 2.3248
2026-07-18 2.3269
2026-07-17 2.3248
2026-07-16 2.3231
2026-07-15 2.3244
2026-07-14 2.3236
2026-07-13 2.3253
2026-07-12 2.3313
2026-07-11 2.3267
2026-07-10 2.3267
2026-07-09 2.3250
2026-07-08 2.3264
2026-07-07 2.3329
2026-07-06 2.3365
2026-07-05 2.3352
2026-07-04 2.3373
2026-07-03 2.3344
2026-07-02 2.3319
2026-07-01 2.3332
2026-06-30 2.3351
2026-06-29 2.3357
2026-06-28 2.3339

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