YEARLY HIGH
57.6154 MKD
YEARLY LOW
55.1939 MKD
YEARLY AVERAGE
56.4881 MKD

2016 CHF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CHF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 57.6154. Conversely, the yearly low was recorded on February 3, dropping to 55.1939.

This high-to-low spread represents a total annual volatility of 2.4215 MKD. From a start-to-finish perspective, comparing the January average rate of 56.2959 to the December average rate of 57.2442, the exchange rate registered a net change of 1.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 57.6154 was down 7.41% compared to the 2015 peak of 62.2240, 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 288,077 MKD
2015 Average 288,151 MKD
Yearly Trough Low 275,969 MKD
Transaction Impact: A difference of 12,107.74 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

57.3919
55.6189
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 56.2212, compared to 56.7550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5338 points.

H1 Avg (Jan–Jun) 56.2212
H2 Avg (Jul–Dec) 56.7550

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 1.8478 MKD (High: 57.1883 / Low: 55.3405). On the other end, September was the most stable month, with a tight range of 0.5914 MKD (High: 56.7287 / Low: 56.1374).

May Spread (Volatile) ±1.8478
September Spread (Stable) ±0.5914

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.6894 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6894

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 57.2442) against the same month in 2015 (average: 56.8456), the exchange rate shifted by +0.3985 (+0.70%).

2016 Avg (December) 57.2442
2015 Avg (December) 56.8456

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 56.7713 55.5466 56.2959
February 56.6407 55.1939 55.9443
March 56.8410 55.9681 56.3678
April 57.1390 55.9669 56.4560
May 57.1883 55.3405 55.7666
June 57.0803 55.6317 56.4966
July 56.8674 56.2490 56.6451
August 56.8740 56.0670 56.5345
September 56.7287 56.1374 56.3663
October 56.8708 56.1811 56.5275
November 57.4676 56.8560 57.2126
December 57.6154 56.7862 57.2442