2020 CHF to MKD Historical Review

YEARLY HIGH

59.4609 MKD

YEARLY LOW

56.6261 MKD

YEARLY AVERAGE

57.5877 MKD

2020 CHF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CHF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 59.4609. Conversely, the yearly low was recorded on June 7, dropping to 56.6261.

This high-to-low spread represents a total annual volatility of 2.8348 MKD. From a start-to-finish perspective, comparing the January average rate of 57.1114 to the December average rate of 56.9983, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 59.4609 was up 4.41% compared to the 2019 peak of 56.9467, 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 297,304 MKD

2019 Average 276,637 MKD

Yearly Trough Low 283,130 MKD

Transaction Impact: A difference of 14,173.84 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

58.6095

56.8518

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 57.9191, compared to 57.2564 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6627 points.

H1 Avg (Jan–Jun) 57.9191

H2 Avg (Jul–Dec) 57.2564

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.0387 MKD (High: 59.4609 / Low: 57.4222). On the other end, September was the most stable month, with a tight range of 0.4174 MKD (High: 57.2736 / Low: 56.8562).

March Spread (Volatile) ±2.0387

September Spread (Stable) ±0.4174

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.7893 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7893

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 58.2260) against the same month in 2019 (average: 54.4332), the exchange rate shifted by +3.7928 (+6.97%).

2020 Avg (March) 58.2260

2019 Avg (March) 54.4332

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	57.8639	56.6345	57.1114
February	58.1825	57.4577	57.8619
March	59.4609	57.4222	58.2260
April	58.7904	57.8572	58.4630
May	59.0032	57.5892	58.3207
June	57.9369	56.6261	57.5314
July	58.0563	56.9560	57.6066
August	57.6673	56.8777	57.2608
September	57.2736	56.8562	57.0952
October	57.5841	57.0773	57.3744
November	57.7906	56.8196	57.2028
December	57.3397	56.7312	56.9983