2025 PEN to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2025.
2025 PEN to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2025
During 2025, the PEN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 16.1527. Conversely, the yearly low was recorded on April 16, dropping to 14.4366.
This high-to-low spread represents a total annual volatility of 1.7161 MKD. From a start-to-finish perspective, comparing the January average rate of 15.8546 to the December average rate of 15.6099, the exchange rate registered a net change of -1.54% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2025 high of 16.1527 was up 1.56% compared to the 2024 peak of 15.9045, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2025.
PEN 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 15.3156, compared to 15.2674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0482 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2025 was April, with a trading range of 1.0803 MKD (High: 15.5169 / Low: 14.4366). On the other end, November was the most stable month, with a tight range of 0.1633 MKD (High: 15.8652 / Low: 15.7020).
Growth Streaks & Declines
TrendsBetween July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.7778 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2025: 15.9462) against the same month in 2024 (average: 14.8988), the exchange rate shifted by +1.0474 (+7.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.9633 | 15.7289 | 15.8546 |
| February | 16.1527 | 15.8058 | 15.9462 |
| March | 16.0663 | 15.3590 | 15.5879 |
| April | 15.5169 | 14.4366 | 14.8101 |
| May | 15.2152 | 14.7188 | 14.8825 |
| June | 14.9214 | 14.6108 | 14.8122 |
| July | 15.1125 | 14.6721 | 14.8083 |
| August | 15.1136 | 14.7678 | 14.9320 |
| September | 15.0997 | 14.8782 | 14.9922 |
| October | 15.7544 | 15.1097 | 15.4840 |
| November | 15.8652 | 15.7020 | 15.7779 |
| December | 15.7760 | 15.3706 | 15.6099 |