2021 MKD to CHF Historical Review

YEARLY HIGH

0.0181 CHF

YEARLY LOW

0.0167 CHF

YEARLY AVERAGE

0.0176 CHF

2021 MKD to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 0.0181. Conversely, the yearly low was recorded on December 31, dropping to 0.0167.

This high-to-low spread represents a total annual volatility of 0.0013 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0175 to the December average rate of 0.0169, the exchange rate registered a net change of -3.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0181 was up 2.27% compared to the 2020 peak of 0.0177, 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 90 CHF

2020 Average 87 CHF

Yearly Trough Low 84 CHF

Transaction Impact: A difference of 6.59 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0181

0.0168

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 0.0173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0178

H2 Avg (Jul–Dec) 0.0173

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0005 CHF (High: 0.0180 / Low: 0.0175). On the other end, April was the most stable month, with a tight range of 0.0002 CHF (High: 0.0180 / Low: 0.0178).

February Spread (Volatile) ±0.0005

April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, 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 (March 2021: 0.0180) against the same month in 2020 (average: 0.0172), the exchange rate shifted by +0.0008 (+4.59%).

2021 Avg (March) 0.0180

2020 Avg (March) 0.0172

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0176	0.0174	0.0175
February	0.0180	0.0175	0.0176
March	0.0181	0.0179	0.0180
April	0.0180	0.0178	0.0179
May	0.0179	0.0177	0.0178
June	0.0179	0.0177	0.0178
July	0.0178	0.0175	0.0176
August	0.0176	0.0174	0.0175
September	0.0178	0.0175	0.0176
October	0.0175	0.0173	0.0174
November	0.0172	0.0169	0.0171
December	0.0170	0.0167	0.0169