2025 NPR to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2025.
2025 NPR to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2025
During 2025, the NPR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.4366. Conversely, the yearly low was recorded on December 16, dropping to 0.3604.
This high-to-low spread represents a total annual volatility of 0.0763 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4308 to the December average rate of 0.3649, the exchange rate registered a net change of -15.30% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2025 high of 0.4366 was down 0.17% compared to the 2024 peak of 0.4374, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NPR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2025.
NPR to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.4094, compared to 0.3743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0352 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2025 was April, with a trading range of 0.0228 MKD (High: 0.4160 / Low: 0.3932). On the other end, November was the most stable month, with a tight range of 0.0063 MKD (High: 0.3777 / Low: 0.3713).
Growth Streaks & Declines
TrendsBetween September and November, 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 February and March, when the average rate fell by 0.0130 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2025: 0.4308) against the same month in 2024 (average: 0.4242), the exchange rate shifted by +0.0067 (+1.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.4366 | 0.4250 | 0.4308 |
| February | 0.4311 | 0.4196 | 0.4245 |
| March | 0.4240 | 0.4040 | 0.4116 |
| April | 0.4160 | 0.3932 | 0.4006 |
| May | 0.4089 | 0.3952 | 0.4005 |
| June | 0.3961 | 0.3803 | 0.3884 |
| July | 0.3859 | 0.3783 | 0.3824 |
| August | 0.3855 | 0.3740 | 0.3779 |
| September | 0.3747 | 0.3673 | 0.3715 |
| October | 0.3789 | 0.3691 | 0.3744 |
| November | 0.3777 | 0.3713 | 0.3745 |
| December | 0.3700 | 0.3604 | 0.3649 |