2025 MKD to NPR Historical Review

YEARLY HIGH

2.7750 NPR

YEARLY LOW

2.2902 NPR

YEARLY AVERAGE

2.5592 NPR

2025 MKD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2025

During 2025, the MKD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 2.7750. Conversely, the yearly low was recorded on January 2, dropping to 2.2902.

This high-to-low spread represents a total annual volatility of 0.4847 NPR. From a start-to-finish perspective, comparing the January average rate of 2.3213 to the December average rate of 2.7405, the exchange rate registered a net change of 18.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2025 high of 2.7750 was up 13.78% compared to the 2024 peak of 2.4388, 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 13,875 NPR

2024 Average 11,765 NPR

Yearly Trough Low 11,451 NPR

Transaction Impact: A difference of 2,423.60 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2025.

2.7824

2.2794

JanuMarcMayJulySeptNove

MKD to NPR 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 2.4459, compared to 2.6726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2266 points.

H1 Avg (Jan–Jun) 2.4459

H2 Avg (Jul–Dec) 2.6726

Volatility Range Comparison

Volatility

The most volatile month in 2025 was April, with a trading range of 0.1393 NPR (High: 2.5430 / Low: 2.4037). On the other end, November was the most stable month, with a tight range of 0.0451 NPR (High: 2.6930 / Low: 2.6479).

April Spread (Volatile) ±0.1393

November Spread (Stable) ±0.0451

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0206 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2025: 2.7405) against the same month in 2024 (average: 2.3137), the exchange rate shifted by +0.4268 (+18.45%).

2025 Avg (December) 2.7405

2024 Avg (December) 2.3137

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3532	2.2902	2.3213
February	2.3833	2.3196	2.3556
March	2.4752	2.3585	2.4301
April	2.5430	2.4037	2.4968
May	2.5301	2.4454	2.4969
June	2.6298	2.5248	2.5748
July	2.6432	2.5914	2.6153
August	2.6741	2.5942	2.6467
September	2.7226	2.6686	2.6916
October	2.7093	2.6390	2.6710
November	2.6930	2.6479	2.6702
December	2.7750	2.7024	2.7405