YEARLY HIGH
0.1919 NOK
YEARLY LOW
0.1749 NOK
YEARLY AVERAGE
0.1808 NOK

2026 MKD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the MKD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1919. Conversely, the yearly low was recorded on May 29, dropping to 0.1749.

This high-to-low spread represents a total annual volatility of 0.0170 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1894 to the December average rate of 0.1778, the exchange rate registered a net change of -6.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 0.1919 was down 2.53% compared to the 2025 peak of 0.1968, 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 959 NOK
2025 Average 953 NOK
Yearly Trough Low 874 NOK
Transaction Impact: A difference of 84.93 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

0.1908
0.1739
JanuMarcMayJuly

MKD to NOK 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 0.1815, compared to 0.1789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.1815
H2 Avg (Jul–Dec) 0.1789

Volatility Range Comparison

Volatility

The most volatile month in 2026 was June, with a trading range of 0.0087 NOK (High: 0.1837 / Low: 0.1750). On the other end, August was the most stable month, with a tight range of 0.0004 NOK (High: 0.1780 / Low: 0.1776).

June Spread (Volatile) ±0.0087
August Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0056 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 0.1894) against the same month in 2025 (average: 0.1909), the exchange rate shifted by -0.0016 (-0.82%).

2026 Avg (January) 0.1894
2025 Avg (January) 0.1909

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1919 0.1853 0.1894
February 0.1874 0.1816 0.1837
March 0.1834 0.1785 0.1813
April 0.1829 0.1767 0.1797
May 0.1767 0.1749 0.1753
June 0.1837 0.1750 0.1793
July 0.1835 0.1770 0.1800
August 0.1780 0.1776 0.1778