YEARLY HIGH
0.0181 CHF
YEARLY LOW
0.0174 CHF
YEARLY AVERAGE
0.0177 CHF

2016 MKD to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0181. Conversely, the yearly low was recorded on December 19, dropping to 0.0174.

This high-to-low spread represents a total annual volatility of 0.0008 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0178 to the December average rate of 0.0175, the exchange rate registered a net change of -1.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0181 was down 9.50% compared to the 2015 peak of 0.0200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 91 CHF
2015 Average 87 CHF
Yearly Trough Low 87 CHF
Transaction Impact: A difference of 3.81 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0180
0.0174
JanuMarcMayJulySeptNove

MKD to CHF 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 0.0178, compared to 0.0176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0178
H2 Avg (Jul–Dec) 0.0176

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0006 CHF (High: 0.0181 / Low: 0.0175). On the other end, September was the most stable month, with a tight range of 0.0002 CHF (High: 0.0178 / Low: 0.0176).

May Spread (Volatile) ±0.0006
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and September, 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 May and June, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0179) against the same month in 2015 (average: 0.0173), the exchange rate shifted by +0.0006 (+3.63%).

2016 Avg (February) 0.0179
2015 Avg (February) 0.0173

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0180 0.0176 0.0178
February 0.0181 0.0177 0.0179
March 0.0179 0.0176 0.0177
April 0.0179 0.0175 0.0177
May 0.0181 0.0175 0.0179
June 0.0180 0.0175 0.0177
July 0.0178 0.0176 0.0177
August 0.0178 0.0176 0.0177
September 0.0178 0.0176 0.0177
October 0.0178 0.0176 0.0177
November 0.0176 0.0174 0.0175
December 0.0176 0.0174 0.0175