2026 PHP to MKD Historical Review

YEARLY HIGH

0.9078 MKD

YEARLY LOW

0.8554 MKD

YEARLY AVERAGE

0.8808 MKD

2026 PHP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the PHP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.9078. Conversely, the yearly low was recorded on June 1, dropping to 0.8554.

This high-to-low spread represents a total annual volatility of 0.0524 MKD. From a start-to-finish perspective, comparing the January average rate of 0.8881 to the December average rate of 0.8758, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 0.9078 was down 12.14% compared to the 2025 peak of 1.0333, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 226,960 MKD

2025 Average 237,218 MKD

Yearly Trough Low 213,849 MKD

Transaction Impact: A difference of 13,110.83 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

0.8996

0.8565

JanuMarcMayJuly

PHP 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 0.8816, compared to 0.8758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.8816

H2 Avg (Jul–Dec) 0.8758

Volatility Range Comparison

Volatility

The most volatile month in 2026 was April, with a trading range of 0.0328 MKD (High: 0.8890 / Low: 0.8563). On the other end, May was the most stable month, with a tight range of 0.0050 MKD (High: 0.8628 / Low: 0.8578).

April Spread (Volatile) ±0.0328

May Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 0.0181 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2026: 0.8960) against the same month in 2025 (average: 1.0184), the exchange rate shifted by -0.1223 (-12.01%).

2026 Avg (February) 0.8960

2025 Avg (February) 1.0184

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8941	0.8719	0.8881
February	0.9078	0.8825	0.8960
March	0.9076	0.8795	0.8943
April	0.8890	0.8563	0.8762
May	0.8628	0.8578	0.8601
June	0.8861	0.8554	0.8749
July	0.8789	0.8720	0.8758