2024 MKD to CHF Historical Review

YEARLY HIGH

0.0161 CHF

YEARLY LOW

0.0151 CHF

YEARLY AVERAGE

0.0155 CHF

2024 MKD to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.0161. Conversely, the yearly low was recorded on January 3, dropping to 0.0151.

This high-to-low spread represents a total annual volatility of 0.0011 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0152 to the December average rate of 0.0152, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0161 was down 1.81% compared to the 2023 peak of 0.0164, 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 81 CHF

2023 Average 79 CHF

Yearly Trough Low 75 CHF

Transaction Impact: A difference of 5.41 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0160

0.0151

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 0.0156, compared to 0.0153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0156

H2 Avg (Jul–Dec) 0.0153

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0005 CHF (High: 0.0159 / Low: 0.0154). On the other end, October was the most stable month, with a tight range of 0.0002 CHF (High: 0.0154 / Low: 0.0152).

June Spread (Volatile) ±0.0005

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0160) against the same month in 2023 (average: 0.0158), the exchange rate shifted by +0.0001 (+0.74%).

2024 Avg (May) 0.0160

2023 Avg (May) 0.0158

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0154	0.0151	0.0152
February	0.0155	0.0151	0.0154
March	0.0159	0.0155	0.0157
April	0.0160	0.0157	0.0158
May	0.0161	0.0158	0.0160
June	0.0159	0.0154	0.0156
July	0.0159	0.0154	0.0157
August	0.0156	0.0151	0.0153
September	0.0155	0.0152	0.0153
October	0.0154	0.0152	0.0153
November	0.0153	0.0151	0.0152
December	0.0153	0.0151	0.0152