ZAR to MKD Historical Rates

Analyze long-term market trends and access daily historical data for the ZAR/MKD pair.

10-YEAR HIGH
4.5984 MKD
10-YEAR LOW
2.8314 MKD
10-YEAR AVERAGE
3.5119 MKD

10-Year ZAR to MKD Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the ZAR to MKD exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on March 26, 2017, when the pair was valued at 4.5984. Conversely, the absolute lowest rate of the decade was recorded on April 13, 2025, dropping to a support floor of 2.8314.

This peak-to-trough range represents a total macro spread of 1.7670 MKD. From a long-term perspective, comparing the decade's oldest annual average of 4.0354 (in 2016) to the newest annual average of 3.2294 (in 2026), the exchange rate registered a net shift of -19.97%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 3.2367, showing a variance of 0.5465 points compared to the older 5-year average of 3.7833.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 50,000 ZAR over the decade:

Decade Peak High 229,918 MKD
10-Year Average 175,597 MKD
Decade Trough Low 141,568 MKD
Macro Timing Impact: A difference of 88,350.01 MKD purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

4.5851
2.7671
201620182020202220242026

ZAR to MKD Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 3.7833, compared to 3.2367 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 0.5465 points.

Older 5 Yrs Avg 3.7833
Recent 5 Yrs Avg 3.2367

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2017, with a trading range of 0.9710 MKD (High: 4.5984 / Low: 3.6273). Conversely, 2026 was the most stable year, with a range of 0.2155 MKD (High: 3.3230 / Low: 3.1075).

2017 Spread (Volatile) ±0.9710
2026 Spread (Stable) ±0.2155

Decade Growth & Declines

Macro Trends

Between 2020 and 2022, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 2 straight years. Conversely, the sharpest year-over-year decline occurred between 2019 and 2020, when the average rate fell by 0.5068 points.

Longest Streak 2 Yrs.
Sharpest YoY Drop -0.5068

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 4.0354) against the newest annual average (2026: 3.2294), the exchange rate shifted by -0.8060 (-19.97%).

2016 Baseline Avg 4.0354
2026 Current Avg 3.2294

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-28 3.2220
2026-07-27 3.2270
2026-07-26 3.2171
2026-07-25 3.2143
2026-07-24 3.2140
2026-07-23 3.2538
2026-07-22 3.2840
2026-07-21 3.2777
2026-07-20 3.2631
2026-07-19 3.3125
2026-07-18 3.2730
2026-07-17 3.2678
2026-07-16 3.2853
2026-07-15 3.2978
2026-07-14 3.2906
2026-07-13 3.2966
2026-07-12 3.3055
2026-07-11 3.3128
2026-07-10 3.3067
2026-07-09 3.2965
2026-07-08 3.3001
2026-07-07 3.3184
2026-07-06 3.3230
2026-07-05 3.3183
2026-07-04 3.3191
2026-07-03 3.3202
2026-07-02 3.3108
2026-07-01 3.2960
2026-06-30 3.2929
2026-06-29 3.2872
2026-06-28 3.2007

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