YEARLY HIGH
0.0177 CHF
YEARLY LOW
0.0168 CHF
YEARLY AVERAGE
0.0174 CHF

2020 MKD to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.0177. Conversely, the yearly low was recorded on March 28, dropping to 0.0168.

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 0.0175 to the December average rate of 0.0175, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0177 was down 5.03% compared to the 2019 peak of 0.0186, 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 88 CHF
2019 Average 90 CHF
Yearly Trough Low 84 CHF
Transaction Impact: A difference of 4.21 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0176
0.0171
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 0.0173, compared to 0.0175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0173
H2 Avg (Jul–Dec) 0.0175

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0006 CHF (High: 0.0174 / Low: 0.0168). On the other end, September was the most stable month, with a tight range of 0.0001 CHF (High: 0.0176 / Low: 0.0175).

March Spread (Volatile) ±0.0006
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, 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 (June 2020: 0.0174) against the same month in 2019 (average: 0.0181), the exchange rate shifted by -0.0007 (-4.06%).

2020 Avg (June) 0.0174
2019 Avg (June) 0.0181

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0177 0.0173 0.0175
February 0.0174 0.0172 0.0173
March 0.0174 0.0168 0.0172
April 0.0173 0.0170 0.0171
May 0.0174 0.0169 0.0171
June 0.0177 0.0173 0.0174
July 0.0176 0.0172 0.0174
August 0.0176 0.0173 0.0175
September 0.0176 0.0175 0.0175
October 0.0175 0.0174 0.0174
November 0.0176 0.0173 0.0175
December 0.0176 0.0174 0.0175