2024 CHF to MKD Historical Review

YEARLY HIGH

66.4197 MKD

YEARLY LOW

61.9633 MKD

YEARLY AVERAGE

64.6281 MKD

2024 CHF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CHF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 66.4197. Conversely, the yearly low was recorded on May 25, dropping to 61.9633.

This high-to-low spread represents a total annual volatility of 4.4564 MKD. From a start-to-finish perspective, comparing the January average rate of 65.7184 to the December average rate of 65.8498, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 66.4197 was up 0.21% compared to the 2023 peak of 66.2775, 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 332,098 MKD

2023 Average 316,973 MKD

Yearly Trough Low 309,816 MKD

Transaction Impact: A difference of 22,281.96 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

66.1709

62.3176

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 64.0318, compared to 65.2245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1927 points.

H1 Avg (Jan–Jun) 64.0318

H2 Avg (Jul–Dec) 65.2245

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 2.0755 MKD (High: 64.8782 / Low: 62.8027). On the other end, October was the most stable month, with a tight range of 0.9105 MKD (High: 65.8829 / Low: 64.9724).

June Spread (Volatile) ±2.0755

October Spread (Stable) ±0.9105

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.3226 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.3226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 65.7184) against the same month in 2023 (average: 61.8859), the exchange rate shifted by +3.8326 (+6.19%).

2024 Avg (January) 65.7184

2023 Avg (January) 61.8859

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	66.4197	65.0060	65.7184
February	66.0756	64.4703	65.0494
March	64.4529	62.8151	63.7268
April	63.5879	62.4713	63.0995
May	63.1828	61.9633	62.6388
June	64.8782	62.8027	63.9578
July	64.7965	62.8025	63.6269
August	66.3087	64.2578	65.1727
September	65.9504	64.7116	65.4156
October	65.8829	64.9724	65.5561
November	66.3091	65.2527	65.7258
December	66.3542	65.3060	65.8498