YEARLY HIGH
55.0192 MKD
YEARLY LOW
51.1881 MKD
YEARLY AVERAGE
53.3220 MKD

2018 CHF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CHF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 55.0192. Conversely, the yearly low was recorded on May 1, dropping to 51.1881.

This high-to-low spread represents a total annual volatility of 3.8310 MKD. From a start-to-finish perspective, comparing the January average rate of 52.5411 to the December average rate of 54.5271, the exchange rate registered a net change of 3.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 55.0192 was down 5.16% compared to the 2017 peak of 58.0129, 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 275,096 MKD
2017 Average 277,351 MKD
Yearly Trough Low 255,941 MKD
Transaction Impact: A difference of 19,155.14 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

54.8485
51.5276
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 52.6313, compared to 54.0127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3814 points.

H1 Avg (Jan–Jun) 52.6313
H2 Avg (Jul–Dec) 54.0127

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 2.6617 MKD (High: 53.8498 / Low: 51.1881). On the other end, December was the most stable month, with a tight range of 0.4654 MKD (High: 54.6810 / Low: 54.2156).

May Spread (Volatile) ±2.6617
December Spread (Stable) ±0.4654

Growth Streaks & Declines

Trends

Between April and June, 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 0.8713 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8713

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 54.5718) against the same month in 2017 (average: 53.7324), the exchange rate shifted by +0.8393 (+1.56%).

2018 Avg (September) 54.5718
2017 Avg (September) 53.7324

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 53.2234 52.1070 52.5411
February 53.7018 53.0652 53.3894
March 53.3309 52.2906 52.6756
April 52.4255 51.2625 51.8043
May 53.8498 51.1881 52.2417
June 53.5399 52.1641 53.1357
July 53.2888 52.6437 52.9858
August 54.7980 53.2214 53.9831
September 55.0192 54.0450 54.5718
October 54.3128 53.6244 53.9241
November 54.9097 53.5690 54.0845
December 54.6810 54.2156 54.5271