2026 MKD to ZAR Historical Review

YEARLY HIGH

0.3218 ZAR

YEARLY LOW

0.3009 ZAR

YEARLY AVERAGE

0.3097 ZAR

2026 MKD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the MKD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.3218. Conversely, the yearly low was recorded on July 6, dropping to 0.3009.

This high-to-low spread represents a total annual volatility of 0.0209 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.3103 to the December average rate of 0.3051, the exchange rate registered a net change of -1.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 0.3218 was down 8.89% compared to the 2025 peak of 0.3532, 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 1,609 ZAR

2025 Average 1,641 ZAR

Yearly Trough Low 1,505 ZAR

Transaction Impact: A difference of 104.32 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

0.3158

0.3041

JanuMarcMayJuly

MKD to ZAR 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 0.3105, compared to 0.3051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.3105

H2 Avg (Jul–Dec) 0.3051

Volatility Range Comparison

Volatility

The most volatile month in 2026 was March, with a trading range of 0.0166 ZAR (High: 0.3218 / Low: 0.3052). On the other end, February was the most stable month, with a tight range of 0.0073 ZAR (High: 0.3112 / Low: 0.3039).

March Spread (Volatile) ±0.0166

February Spread (Stable) ±0.0073

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 April and May, when the average rate fell by 0.0047 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2026: 0.3149) against the same month in 2025 (average: 0.3211), the exchange rate shifted by -0.0063 (-1.95%).

2026 Avg (March) 0.3149

2025 Avg (March) 0.3211

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3158	0.3055	0.3103
February	0.3112	0.3039	0.3072
March	0.3218	0.3052	0.3149
April	0.3185	0.3102	0.3141
May	0.3179	0.3068	0.3094
June	0.3140	0.3037	0.3070
July	0.3111	0.3009	0.3051