MKD to ZAR Historical Rates

Analyze long-term market trends and access daily historical data for the MKD/ZAR pair.

10-YEAR HIGH
0.3532 ZAR
10-YEAR LOW
0.2175 ZAR
10-YEAR AVERAGE
0.2885 ZAR

10-Year MKD to ZAR Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the MKD to ZAR exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on April 13, 2025, when the pair was valued at 0.3532. Conversely, the absolute lowest rate of the decade was recorded on March 26, 2017, dropping to a support floor of 0.2175.

This peak-to-trough range represents a total macro spread of 0.1357 ZAR. From a long-term perspective, comparing the decade's oldest annual average of 0.2481 (in 2016) to the newest annual average of 0.3097 (in 2026), the exchange rate registered a net shift of +24.86%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 0.3105, showing a variance of 0.0438 points compared to the older 5-year average of 0.2668.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 5,000 MKD over the decade:

Decade Peak High 1,766 ZAR
10-Year Average 1,443 ZAR
Decade Trough Low 1,087 ZAR
Macro Timing Impact: A difference of 678.59 ZAR purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

0.3543
0.2138
201620182020202220242026

MKD to ZAR Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 0.2668, compared to 0.3105 in the recent 5 years. This shows that the rate was stronger in the recent 5 years (post-5yr baseline) by a margin of 0.0438 points.

Older 5 Yrs Avg 0.2668
Recent 5 Yrs Avg 0.3105

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2020, with a trading range of 0.0829 ZAR (High: 0.3384 / Low: 0.2555). Conversely, 2026 was the most stable year, with a range of 0.0209 ZAR (High: 0.3218 / Low: 0.3009).

2020 Spread (Volatile) ±0.0829
2026 Spread (Stable) ±0.0209

Decade Growth & Declines

Macro Trends

Between 2017 and 2020, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 3 straight years. Conversely, the sharpest year-over-year decline occurred between 2020 and 2021, when the average rate fell by 0.0209 points.

Longest Streak 3 Yrs.
Sharpest YoY Drop -0.0209

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 0.2481) against the newest annual average (2026: 0.3097), the exchange rate shifted by +0.0617 (+24.86%).

2016 Baseline Avg 0.2481
2026 Current Avg 0.3097

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-28 0.3104
2026-07-27 0.3099
2026-07-26 0.3108
2026-07-25 0.3111
2026-07-24 0.3111
2026-07-23 0.3073
2026-07-22 0.3045
2026-07-21 0.3051
2026-07-20 0.3065
2026-07-19 0.3019
2026-07-18 0.3055
2026-07-17 0.3060
2026-07-16 0.3044
2026-07-15 0.3032
2026-07-14 0.3039
2026-07-13 0.3033
2026-07-12 0.3025
2026-07-11 0.3019
2026-07-10 0.3024
2026-07-09 0.3034
2026-07-08 0.3030
2026-07-07 0.3013
2026-07-06 0.3009
2026-07-05 0.3014
2026-07-04 0.3013
2026-07-03 0.3012
2026-07-02 0.3020
2026-07-01 0.3034
2026-06-30 0.3037
2026-06-29 0.3042
2026-06-28 0.3124

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