YEARLY HIGH
29.9024 NGN
YEARLY LOW
25.1550 NGN
YEARLY AVERAGE
27.9441 NGN

2025 MKD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2025

During 2025, the MKD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 29.9024. Conversely, the yearly low was recorded on February 10, dropping to 25.1550.

This high-to-low spread represents a total annual volatility of 4.7474 NGN. From a start-to-finish perspective, comparing the January average rate of 26.1094 to the December average rate of 27.6408, the exchange rate registered a net change of 5.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2025 high of 29.9024 was down 1.19% compared to the 2024 peak of 30.2619, 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 149,512 NGN
2024 Average 129,204 NGN
Yearly Trough Low 125,775 NGN
Transaction Impact: A difference of 23,736.93 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2025.

29.6383
25.5683
JanuMarcMayJulySeptNove

MKD to NGN 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 27.6854, compared to 28.2028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5174 points.

H1 Avg (Jan–Jun) 27.6854
H2 Avg (Jul–Dec) 28.2028

Volatility Range Comparison

Volatility

The most volatile month in 2025 was February, with a trading range of 3.2341 NGN (High: 28.3891 / Low: 25.1550). On the other end, November was the most stable month, with a tight range of 0.3514 NGN (High: 27.2816 / Low: 26.9302).

February Spread (Volatile) ±3.2341
November Spread (Stable) ±0.3514

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.9844 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9844

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2025: 28.8874) against the same month in 2024 (average: 22.2683), the exchange rate shifted by +6.6192 (+29.72%).

2025 Avg (April) 28.8874
2024 Avg (April) 22.2683

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.5988 25.7960 26.1094
February 28.3891 25.1550 25.9074
March 27.4868 25.3436 26.8148
April 29.9024 26.9232 28.8874
May 29.6880 28.8840 29.2991
June 29.4694 28.7206 29.0942
July 29.4233 28.3982 29.0788
August 29.2540 28.4120 28.9958
September 29.1737 28.2324 28.6645
October 28.2771 27.1526 27.6801
November 27.2816 26.9302 27.1568
December 27.9911 27.2532 27.6408