2011 CHF to MKD Historical Review

YEARLY HIGH

58.8421 MKD

YEARLY LOW

46.6032 MKD

YEARLY AVERAGE

49.8653 MKD

2011 CHF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CHF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 9, valuing the pair at 58.8421. Conversely, the yearly low was recorded on February 11, dropping to 46.6032.

This high-to-low spread represents a total annual volatility of 12.2389 MKD. From a start-to-finish perspective, comparing the January average rate of 48.0487 to the December average rate of 49.9910, the exchange rate registered a net change of 4.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 58.8421 was up 19.36% compared to the 2010 peak of 49.2969, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 294,210 MKD

2010 Average 222,568 MKD

Yearly Trough Low 233,016 MKD

Transaction Impact: A difference of 61,194.36 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

55.6235

46.5685

JanuMarcMayJulySeptNove

CHF 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 48.3579, compared to 51.3727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0148 points.

H1 Avg (Jan–Jun) 48.3579

H2 Avg (Jul–Dec) 51.3727

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 6.9836 MKD (High: 58.8421 / Low: 51.8585). On the other end, November was the most stable month, with a tight range of 1.1186 MKD (High: 50.5777 / Low: 49.4591).

August Spread (Volatile) ±6.9836

November Spread (Stable) ±1.1186

Growth Streaks & Declines

Trends

Between April and August, 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 August and September, when the average rate fell by 3.5692 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -3.5692

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 54.8689) against the same month in 2010 (average: 45.8374), the exchange rate shifted by +9.0315 (+19.70%).

2011 Avg (August) 54.8689

2010 Avg (August) 45.8374

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	49.2451	47.2588	48.0487
February	48.1342	46.6032	47.3378
March	48.6844	47.1531	47.7082
April	47.8945	46.7107	47.3231
May	50.5367	47.7363	48.9626
June	51.7155	50.0037	50.7671
July	54.2937	49.8383	52.2250
August	58.8421	51.8585	54.8689
September	55.2260	50.1591	51.2997
October	50.5797	49.2488	49.9519
November	50.5777	49.4591	49.9000
December	50.6376	49.3707	49.9910