2025 MKD to KES Historical Review

YEARLY HIGH

2.4867 KES

YEARLY LOW

2.1549 KES

YEARLY AVERAGE

2.3738 KES

2025 MKD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2025

During 2025, the MKD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 2.4867. Conversely, the yearly low was recorded on January 11, dropping to 2.1549.

This high-to-low spread represents a total annual volatility of 0.3318 KES. From a start-to-finish perspective, comparing the January average rate of 2.1767 to the December average rate of 2.4556, the exchange rate registered a net change of 12.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2025 high of 2.4867 was down 13.77% compared to the 2024 peak of 2.8837, 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 12,433 KES

2024 Average 11,844 KES

Yearly Trough Low 10,774 KES

Transaction Impact: A difference of 1,659.11 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2025.

2.4943

2.1478

JanuMarcMayJulySeptNove

MKD to KES 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 2.2984, compared to 2.4492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1509 points.

H1 Avg (Jan–Jun) 2.2984

H2 Avg (Jul–Dec) 2.4492

Volatility Range Comparison

Volatility

The most volatile month in 2025 was April, with a trading range of 0.1540 KES (High: 2.4197 / Low: 2.2657). On the other end, November was the most stable month, with a tight range of 0.0334 KES (High: 2.4452 / Low: 2.4118).

April Spread (Volatile) ±0.1540

November Spread (Stable) ±0.0334

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0239 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2025: 2.4654) against the same month in 2024 (average: 2.3273), the exchange rate shifted by +0.1381 (+5.93%).

2025 Avg (September) 2.4654

2024 Avg (September) 2.3273

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2056	2.1549	2.1767
February	2.2118	2.1630	2.1875
March	2.3026	2.1759	2.2690
April	2.4197	2.2657	2.3629
May	2.3951	2.3303	2.3701
June	2.4775	2.3786	2.4240
July	2.4823	2.3955	2.4570
August	2.4617	2.3951	2.4445
September	2.4867	2.4440	2.4654
October	2.4672	2.4241	2.4415
November	2.4452	2.4118	2.4314
December	2.4695	2.4342	2.4556