NGN to MKD Historical Rates

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

10-YEAR HIGH
0.1916 MKD
10-YEAR LOW
0.0330 MKD
10-YEAR AVERAGE
0.1147 MKD

10-Year NGN to MKD Performance & Macro Timing Review

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

Over the last 10 years, the NGN to MKD exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on January 9, 2017, when the pair was valued at 0.1916. Conversely, the absolute lowest rate of the decade was recorded on September 28, 2024, dropping to a support floor of 0.0330.

This peak-to-trough range represents a total macro spread of 0.1586 MKD. From a long-term perspective, comparing the decade's oldest annual average of 0.1781 (in 2016) to the newest annual average of 0.0385 (in 2026), the exchange rate registered a net shift of -78.37%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 0.0781, showing a variance of 0.0728 points compared to the older 5-year average of 0.1509.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 1,000,000 NGN over the decade:

Decade Peak High 191,618 MKD
10-Year Average 114,716 MKD
Decade Trough Low 33,045 MKD
Macro Timing Impact: A difference of 158,572.74 MKD purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

0.2070
0.0173
201620182020202220242026

NGN to MKD 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 0.1509, compared to 0.0781 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 0.0728 points.

Older 5 Yrs Avg 0.1509
Recent 5 Yrs Avg 0.0781

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2023, with a trading range of 0.0687 MKD (High: 0.1305 / Low: 0.0617). Conversely, 2026 was the most stable year, with a range of 0.0034 MKD (High: 0.0397 / Low: 0.0363).

2023 Spread (Volatile) ±0.0687
2026 Spread (Stable) ±0.0034

Decade Growth & Declines

Macro Trends

No sustained consecutive year-over-year average growth streak of 2+ years occurred in the last decade. Conversely, the sharpest year-over-year decline occurred between 2023 and 2024, when the average rate fell by 0.0562 points.

Longest Streak 1 Yrs.
Sharpest YoY Drop -0.0562

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 0.1781) against the newest annual average (2026: 0.0385), the exchange rate shifted by -0.1396 (-78.37%).

2016 Baseline Avg 0.1781
2026 Current Avg 0.0385

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-29 0.0396
2026-07-28 0.0396
2026-07-27 0.0396
2026-07-26 0.0395
2026-07-25 0.0396
2026-07-24 0.0395
2026-07-23 0.0393
2026-07-22 0.0392
2026-07-21 0.0391
2026-07-20 0.0390
2026-07-19 0.0391
2026-07-18 0.0391
2026-07-17 0.0390
2026-07-16 0.0390
2026-07-15 0.0391
2026-07-14 0.0391
2026-07-13 0.0391
2026-07-12 0.0391
2026-07-11 0.0392
2026-07-10 0.0392
2026-07-09 0.0392
2026-07-08 0.0393
2026-07-07 0.0394
2026-07-06 0.0394
2026-07-05 0.0393
2026-07-04 0.0393
2026-07-03 0.0393
2026-07-02 0.0394
2026-07-01 0.0393
2026-06-30 0.0391
2026-06-29 0.0391

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