YEARLY HIGH
41.9338 MKD
YEARLY LOW
40.6631 MKD
YEARLY AVERAGE
41.4125 MKD

2026 SGD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the SGD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 41.9338. Conversely, the yearly low was recorded on January 27, dropping to 40.6631.

This high-to-low spread represents a total annual volatility of 1.2707 MKD. From a start-to-finish perspective, comparing the January average rate of 41.0146 to the December average rate of 41.5381, the exchange rate registered a net change of 1.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2026 high of 41.9338 was down 4.85% compared to the 2025 peak of 44.0696, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 209,669 MKD
2025 Average 208,575 MKD
Yearly Trough Low 203,316 MKD
Transaction Impact: A difference of 6,353.35 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

41.8408
40.9395
JanuMarcMayJuly

SGD 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 41.3327, compared to 41.6519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3192 points.

H1 Avg (Jan–Jun) 41.3327
H2 Avg (Jul–Dec) 41.6519

Volatility Range Comparison

Volatility

The most volatile month in 2026 was March, with a trading range of 0.8635 MKD (High: 41.9338 / Low: 41.0703). On the other end, August was the most stable month, with a tight range of 0.0000 MKD (High: 41.5381 / Low: 41.5381).

March Spread (Volatile) ±0.8635
August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2831 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2831

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2026: 41.5872) against the same month in 2025 (average: 42.6231), the exchange rate shifted by -1.0358 (-2.43%).

2026 Avg (March) 41.5872
2025 Avg (March) 42.6231

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.4261 40.6631 41.0146
February 41.3597 40.8646 41.1438
March 41.9338 41.0703 41.5872
April 41.5886 41.0970 41.3041
May 41.5154 41.2562 41.4112
June 41.8361 41.1309 41.5349
July 41.9252 41.6035 41.7657
August 41.5381 41.5381 41.5381