YEARLY HIGH
0.5543 CHF
YEARLY LOW
0.4946 CHF
YEARLY AVERAGE
0.5286 CHF

2023 AZN to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.5543. Conversely, the yearly low was recorded on December 30, dropping to 0.4946.

This high-to-low spread represents a total annual volatility of 0.0597 CHF. From a start-to-finish perspective, comparing the January average rate of 0.5435 to the December average rate of 0.5081, the exchange rate registered a net change of -6.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5543 was down 7.01% compared to the 2022 peak of 0.5961, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,772 CHF
2022 Average 2,808 CHF
Yearly Trough Low 2,473 CHF
Transaction Impact: A difference of 298.31 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5488
0.5045
JanuMarcMayJulySeptNove

AZN 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 0.5366, compared to 0.5206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0159 points.

H1 Avg (Jan–Jun) 0.5366
H2 Avg (Jul–Dec) 0.5206

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0240 CHF (High: 0.5286 / Low: 0.5046). On the other end, August was the most stable month, with a tight range of 0.0075 CHF (High: 0.5208 / Low: 0.5133).

July Spread (Volatile) ±0.0240
August Spread (Stable) ±0.0075

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0160 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.5442) against the same month in 2022 (average: 0.5466), the exchange rate shifted by -0.0025 (-0.45%).

2023 Avg (March) 0.5442
2022 Avg (March) 0.5466

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5507 0.5386 0.5435
February 0.5542 0.5337 0.5451
March 0.5543 0.5368 0.5442
April 0.5398 0.5219 0.5288
May 0.5353 0.5196 0.5284
June 0.5352 0.5246 0.5294
July 0.5286 0.5046 0.5143
August 0.5208 0.5133 0.5169
September 0.5417 0.5205 0.5289
October 0.5418 0.5241 0.5315
November 0.5331 0.5138 0.5241
December 0.5177 0.4946 0.5081