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MKD to MZN Historical Rates

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

10-YEAR HIGH
1.4971 MZN
10-YEAR LOW
0.9993 MZN
10-YEAR AVERAGE
1.1786 MZN

10-Year MKD to MZN Performance & Macro Timing Review

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

Over the last 10 years, the MKD to MZN exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on December 30, 2020, when the pair was valued at 1.4971. Conversely, the absolute lowest rate of the decade was recorded on September 27, 2022, dropping to a support floor of 0.9993.

This peak-to-trough range represents a total macro spread of 0.4978 MZN. From a long-term perspective, comparing the decade's oldest annual average of 1.3281 (in 2016) to the newest annual average of 1.2053 (in 2026), the exchange rate registered a net shift of -9.25%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 1.1420, showing a variance of 0.0727 points compared to the older 5-year average of 1.2147.

10-Year Payout Timing Comparison

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

Decade Peak High 7,485 MZN
10-Year Average 5,893 MZN
Decade Trough Low 4,996 MZN
Macro Timing Impact: A difference of 2,488.86 MZN purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

1.5385
0.9642
201620182020202220242026

MKD to MZN 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 1.2147, compared to 1.1420 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 0.0727 points.

Older 5 Yrs Avg 1.2147
Recent 5 Yrs Avg 1.1420

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2021, with a trading range of 0.4177 MZN (High: 1.4961 / Low: 1.0784). Conversely, 2026 was the most stable year, with a range of 0.0662 MZN (High: 1.2437 / Low: 1.1775).

2021 Spread (Volatile) ±0.4177
2026 Spread (Stable) ±0.0662

Decade Growth & Declines

Macro Trends

Between 2022 and 2026, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 4 straight years. Conversely, the sharpest year-over-year decline occurred between 2021 and 2022, when the average rate fell by 0.1669 points.

Longest Streak 4 Yrs.
Sharpest YoY Drop -0.1669

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 1.3281) against the newest annual average (2026: 1.2053), the exchange rate shifted by -0.1228 (-9.25%).

2016 Baseline Avg 1.3281
2026 Current Avg 1.2053

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-29 1.1833
2026-07-28 1.1814
2026-07-27 1.1834
2026-07-26 1.1809
2026-07-25 1.1809
2026-07-24 1.1811
2026-07-23 1.1856
2026-07-22 1.1835
2026-07-21 1.1834
2026-07-20 1.1849
2026-07-19 1.1861
2026-07-18 1.1863
2026-07-17 1.1860
2026-07-16 1.1879
2026-07-15 1.1854
2026-07-14 1.1827
2026-07-13 1.1823
2026-07-12 1.1839
2026-07-11 1.1834
2026-07-10 1.1851
2026-07-09 1.1850
2026-07-08 1.1833
2026-07-07 1.1849
2026-07-06 1.1839
2026-07-05 1.1864
2026-07-04 1.1863
2026-07-03 1.1863
2026-07-02 1.1826
2026-07-01 1.1805
2026-06-30 1.1817
2026-06-29 1.1823

Browse by Year

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