YEARLY HIGH
56.9467 MKD
YEARLY LOW
53.7776 MKD
YEARLY AVERAGE
55.3200 MKD

2019 CHF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CHF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 56.9467. Conversely, the yearly low was recorded on April 23, dropping to 53.7776.

This high-to-low spread represents a total annual volatility of 3.1691 MKD. From a start-to-finish perspective, comparing the January average rate of 54.5617 to the December average rate of 56.3117, the exchange rate registered a net change of 3.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 56.9467 was up 3.50% compared to the 2018 peak of 55.0192, 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 284,734 MKD
2018 Average 266,603 MKD
Yearly Trough Low 268,888 MKD
Transaction Impact: A difference of 15,845.49 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

56.7102
53.9740
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 54.5345, compared to 56.1055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5710 points.

H1 Avg (Jan–Jun) 54.5345
H2 Avg (Jul–Dec) 56.1055

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 1.5004 MKD (High: 55.3023 / Low: 53.8019). On the other end, February was the most stable month, with a tight range of 0.5816 MKD (High: 54.4902 / Low: 53.9086).

May Spread (Volatile) ±1.5004
February Spread (Stable) ±0.5816

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 January and February, when the average rate fell by 0.3597 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3597

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 56.4822) against the same month in 2018 (average: 53.9831), the exchange rate shifted by +2.4990 (+4.63%).

2019 Avg (August) 56.4822
2018 Avg (August) 53.9831

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 55.2855 54.1157 54.5617
February 54.4902 53.9086 54.2020
March 55.1126 54.0724 54.4332
April 55.1254 53.7776 54.3168
May 55.3023 53.8019 54.4976
June 55.9317 54.4633 55.1954
July 55.6864 54.8908 55.3615
August 56.9467 56.0467 56.4822
September 56.9287 55.8873 56.3833
October 56.6702 55.6590 56.0451
November 56.5411 55.8453 56.0491
December 56.6848 55.8053 56.3117