YEARLY HIGH
0.0195 CHF
YEARLY LOW
0.0182 CHF
YEARLY AVERAGE
0.0188 CHF

2018 MKD to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0195. Conversely, the yearly low was recorded on September 9, dropping to 0.0182.

This high-to-low spread represents a total annual volatility of 0.0014 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0190 to the December average rate of 0.0183, the exchange rate registered a net change of -3.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0195 was up 2.51% compared to the 2017 peak of 0.0191, 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 98 CHF
2017 Average 90 CHF
Yearly Trough Low 91 CHF
Transaction Impact: A difference of 6.80 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0194
0.0182
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 0.0190, compared to 0.0185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0190
H2 Avg (Jul–Dec) 0.0185

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0010 CHF (High: 0.0195 / Low: 0.0186). On the other end, December was the most stable month, with a tight range of 0.0002 CHF (High: 0.0184 / Low: 0.0183).

May Spread (Volatile) ±0.0010
December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.0191) against the same month in 2017 (average: 0.0177), the exchange rate shifted by +0.0014 (+8.14%).

2018 Avg (May) 0.0191
2017 Avg (May) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0192 0.0188 0.0190
February 0.0188 0.0186 0.0187
March 0.0191 0.0188 0.0190
April 0.0195 0.0191 0.0193
May 0.0195 0.0186 0.0191
June 0.0192 0.0187 0.0188
July 0.0190 0.0188 0.0189
August 0.0188 0.0182 0.0185
September 0.0185 0.0182 0.0183
October 0.0186 0.0184 0.0185
November 0.0187 0.0182 0.0185
December 0.0184 0.0183 0.0183