YEARLY HIGH
28.3818 RWF
YEARLY LOW
27.0483 RWF
YEARLY AVERAGE
27.5939 RWF

2026 MKD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the MKD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 28.3818. Conversely, the yearly low was recorded on June 25, dropping to 27.0483.

This high-to-low spread represents a total annual volatility of 1.3334 RWF. From a start-to-finish perspective, comparing the January average rate of 27.7334 to the December average rate of 27.2311, the exchange rate registered a net change of -1.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 28.3818 was up 1.84% compared to the 2025 peak of 27.8701, 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 141,909 RWF
2025 Average 131,715 RWF
Yearly Trough Low 135,242 RWF
Transaction Impact: A difference of 6,667.18 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

28.0406
27.1575
JanuMarcMayJuly

MKD to RWF 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 27.6543, compared to 27.2311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4233 points.

H1 Avg (Jan–Jun) 27.6543
H2 Avg (Jul–Dec) 27.2311

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 0.9247 RWF (High: 28.3818 / Low: 27.4571). On the other end, May was the most stable month, with a tight range of 0.1307 RWF (High: 27.8039 / Low: 27.6732).

January Spread (Volatile) ±0.9247
May Spread (Stable) ±0.1307

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2026. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5714 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.5714

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 27.7334) against the same month in 2025 (average: 23.4313), the exchange rate shifted by +4.3020 (+18.36%).

2026 Avg (January) 27.7334
2025 Avg (January) 23.4313

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.3818 27.4571 27.7334
February 28.2836 27.7617 27.9670
March 27.9589 27.1502 27.3956
April 28.0084 27.2170 27.7194
May 27.8039 27.6732 27.7049
June 27.9495 27.0483 27.4055
July 27.4478 27.0841 27.2311