2026 NPR to MKD Historical Review

YEARLY HIGH

0.3671 MKD

YEARLY LOW

0.3454 MKD

YEARLY AVERAGE

0.3549 MKD

2026 NPR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the NPR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.3671. Conversely, the yearly low was recorded on May 30, dropping to 0.3454.

This high-to-low spread represents a total annual volatility of 0.0216 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3617 to the December average rate of 0.3521, the exchange rate registered a net change of -2.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 0.3671 was down 15.93% compared to the 2025 peak of 0.4366, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NPR based on timing:

Yearly Peak High 1,835 MKD

2025 Average 1,958 MKD

Yearly Trough Low 1,727 MKD

Transaction Impact: A difference of 108.23 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

0.3633

0.3442

JanuMarcMayJuly

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.3553, compared to 0.3521 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.3553

H2 Avg (Jul–Dec) 0.3521

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 0.0173 MKD (High: 0.3671 / Low: 0.3498). On the other end, May was the most stable month, with a tight range of 0.0008 MKD (High: 0.3463 / Low: 0.3454).

January Spread (Volatile) ±0.0173

May Spread (Stable) ±0.0008

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 0.0076 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 0.3617) against the same month in 2025 (average: 0.4308), the exchange rate shifted by -0.0691 (-16.04%).

2026 Avg (January) 0.3617

2025 Avg (January) 0.4308

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3671	0.3498	0.3617
February	0.3619	0.3511	0.3591
March	0.3649	0.3501	0.3590
April	0.3601	0.3479	0.3534
May	0.3463	0.3454	0.3458
June	0.3599	0.3464	0.3530
July	0.3576	0.3491	0.3521