YEARLY HIGH
2.5161 KES
YEARLY LOW
2.3861 KES
YEARLY AVERAGE
2.4376 KES

2026 MKD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the MKD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 2.5161. Conversely, the yearly low was recorded on June 24, dropping to 2.3861.

This high-to-low spread represents a total annual volatility of 0.1300 KES. From a start-to-finish perspective, comparing the January average rate of 2.4556 to the December average rate of 2.4232, the exchange rate registered a net change of -1.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 2.5161 was up 1.18% compared to the 2025 peak of 2.4867, 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 12,580 KES
2025 Average 11,874 KES
Yearly Trough Low 11,930 KES
Transaction Impact: A difference of 650.02 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

2.4805
2.3904
JanuMarcMayJuly

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 2.4466, compared to 2.4106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0360 points.

H1 Avg (Jan–Jun) 2.4466
H2 Avg (Jul–Dec) 2.4106

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 0.0851 KES (High: 2.5161 / Low: 2.4310). On the other end, August was the most stable month, with a tight range of 0.0072 KES (High: 2.4264 / Low: 2.4193).

January Spread (Volatile) ±0.0851
August Spread (Stable) ±0.0072

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 0.0430 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0430

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 2.4556) against the same month in 2025 (average: 2.1767), the exchange rate shifted by +0.2789 (+12.81%).

2026 Avg (January) 2.4556
2025 Avg (January) 2.1767

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5161 2.4310 2.4556
February 2.4984 2.4599 2.4730
March 2.4695 2.4057 2.4300
April 2.4749 2.4243 2.4548
May 2.4570 2.4431 2.4478
June 2.4494 2.3861 2.4183
July 2.4221 2.3912 2.3979
August 2.4264 2.4193 2.4232