YEARLY HIGH
0.3217 SZL
YEARLY LOW
0.3006 SZL
YEARLY AVERAGE
0.3093 SZL

2026 MKD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the MKD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 0.3217. Conversely, the yearly low was recorded on July 7, dropping to 0.3006.

This high-to-low spread represents a total annual volatility of 0.0211 SZL. From a start-to-finish perspective, comparing the January average rate of 0.3106 to the December average rate of 0.3086, the exchange rate registered a net change of -0.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 0.3217 was down 9.48% compared to the 2025 peak of 0.3554, 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 1,608 SZL
2025 Average 1,640 SZL
Yearly Trough Low 1,503 SZL
Transaction Impact: A difference of 105.72 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

0.3152
0.3038
JanuMarcMayJuly

MKD to SZL 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 0.3102, compared to 0.3067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.3102
H2 Avg (Jul–Dec) 0.3067

Volatility Range Comparison

Volatility

The most volatile month in 2026 was March, with a trading range of 0.0198 SZL (High: 0.3217 / Low: 0.3019). On the other end, August was the most stable month, with a tight range of 0.0018 SZL (High: 0.3092 / Low: 0.3074).

March Spread (Volatile) ±0.0198
August Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.0048 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2026: 0.3140) against the same month in 2025 (average: 0.3203), the exchange rate shifted by -0.0063 (-1.96%).

2026 Avg (March) 0.3140
2025 Avg (March) 0.3203

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3157 0.3063 0.3106
February 0.3099 0.3039 0.3070
March 0.3217 0.3019 0.3140
April 0.3184 0.3117 0.3142
May 0.3169 0.3073 0.3094
June 0.3098 0.3027 0.3058
July 0.3112 0.3006 0.3047
August 0.3092 0.3074 0.3086