YEARLY HIGH
0.8212 TRY
YEARLY LOW
0.5894 TRY
YEARLY AVERAGE
0.7281 TRY

2025 MKD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2025

During 2025, the MKD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.8212. Conversely, the yearly low was recorded on January 11, dropping to 0.5894.

This high-to-low spread represents a total annual volatility of 0.2318 TRY. From a start-to-finish perspective, comparing the January average rate of 0.5978 to the December average rate of 0.8127, the exchange rate registered a net change of 35.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2025 high of 0.8212 was up 32.29% compared to the 2024 peak of 0.6208, 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 4,106 TRY
2024 Average 2,891 TRY
Yearly Trough Low 2,947 TRY
Transaction Impact: A difference of 1,159.13 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2025.

0.8342
0.5763
JanuMarcMayJulySeptNove

MKD to TRY 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 0.6686, compared to 0.7876 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1190 points.

H1 Avg (Jan–Jun) 0.6686
H2 Avg (Jul–Dec) 0.7876

Volatility Range Comparison

Volatility

The most volatile month in 2025 was March, with a trading range of 0.0596 TRY (High: 0.6737 / Low: 0.6140). On the other end, October was the most stable month, with a tight range of 0.0106 TRY (High: 0.7954 / Low: 0.7848).

March Spread (Volatile) ±0.0596
October Spread (Stable) ±0.0106

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2025: 0.8127) against the same month in 2024 (average: 0.5960), the exchange rate shifted by +0.2168 (+36.37%).

2025 Avg (December) 0.8127
2024 Avg (December) 0.5960

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6089 0.5894 0.5978
February 0.6237 0.5959 0.6124
March 0.6737 0.6140 0.6523
April 0.7136 0.6655 0.6967
May 0.7251 0.6993 0.7120
June 0.7629 0.7235 0.7401
July 0.7740 0.7542 0.7650
August 0.7815 0.7535 0.7732
September 0.7961 0.7785 0.7884
October 0.7954 0.7848 0.7910
November 0.8013 0.7856 0.7952
December 0.8212 0.7995 0.8127