2026 MKD to ISK Historical Review

YEARLY HIGH

2.3968 ISK

YEARLY LOW

2.3103 ISK

YEARLY AVERAGE

2.3403 ISK

2026 MKD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the MKD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 2.3968. Conversely, the yearly low was recorded on July 29, dropping to 2.3103.

This high-to-low spread represents a total annual volatility of 0.0865 ISK. From a start-to-finish perspective, comparing the January average rate of 2.3747 to the December average rate of 2.3264, the exchange rate registered a net change of -2.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 2.3968 was down 0.92% compared to the 2025 peak of 2.4190, 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 11,984 ISK

2025 Average 11,755 ISK

Yearly Trough Low 11,551 ISK

Transaction Impact: A difference of 432.66 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

2.3795

2.3214

JanuMarcMayJuly

MKD to ISK 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 2.3426, compared to 2.3264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0163 points.

H1 Avg (Jan–Jun) 2.3426

H2 Avg (Jul–Dec) 2.3264

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 0.0587 ISK (High: 2.3968 / Low: 2.3381). On the other end, May was the most stable month, with a tight range of 0.0111 ISK (High: 2.3339 / Low: 2.3228).

January Spread (Volatile) ±0.0587

May Spread (Stable) ±0.0111

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 January and February, when the average rate fell by 0.0262 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0262

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 2.3747) against the same month in 2025 (average: 2.3614), the exchange rate shifted by +0.0133 (+0.56%).

2026 Avg (January) 2.3747

2025 Avg (January) 2.3614

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3968	2.3381	2.3747
February	2.3567	2.3230	2.3484
March	2.3633	2.3229	2.3388
April	2.3471	2.3188	2.3320
May	2.3339	2.3228	2.3263
June	2.3472	2.3264	2.3356
July	2.3373	2.3103	2.3264