2026 MKD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2026.
2026 MKD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2026
During 2026, the MKD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 27.5770. Conversely, the yearly low was recorded on March 18, dropping to 25.2105.
This high-to-low spread represents a total annual volatility of 2.3664 NGN. From a start-to-finish perspective, comparing the January average rate of 27.0348 to the December average rate of 25.5353, the exchange rate registered a net change of -5.55% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2026 high of 27.5770 was down 7.78% compared to the 2025 peak of 29.9024, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2026.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 26.0433, compared to 25.4962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5471 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2026 was February, with a trading range of 1.1578 NGN (High: 26.7871 / Low: 25.6293). On the other end, August was the most stable month, with a tight range of 0.0837 NGN (High: 25.5830 / Low: 25.4993).
Growth Streaks & Declines
TrendsNo 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 0.9865 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2026: 27.0348) against the same month in 2025 (average: 26.1094), the exchange rate shifted by +0.9255 (+3.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.5770 | 26.6728 | 27.0348 |
| February | 26.7871 | 25.6293 | 26.0483 |
| March | 26.3552 | 25.2105 | 25.8662 |
| April | 26.1037 | 25.5715 | 25.8220 |
| May | 26.1770 | 25.9163 | 25.9742 |
| June | 25.9457 | 25.2779 | 25.5142 |
| July | 25.6143 | 25.2373 | 25.4571 |
| August | 25.5830 | 25.4993 | 25.5353 |