YEARLY HIGH
0.9423 CHF
YEARLY LOW
0.8409 CHF
YEARLY AVERAGE
0.8987 CHF

2023 BYN to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BYN to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.9423. Conversely, the yearly low was recorded on December 30, dropping to 0.8409.

This high-to-low spread represents a total annual volatility of 0.1014 CHF. From a start-to-finish perspective, comparing the January average rate of 0.9240 to the December average rate of 0.8639, 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 0.9423 was down 7.01% compared to the 2022 peak of 1.0133, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,712 CHF
2022 Average 4,774 CHF
Yearly Trough Low 4,204 CHF
Transaction Impact: A difference of 507.14 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9330
0.8576
JanuMarcMayJulySeptNove

BYN 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 0.9122, compared to 0.8851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0271 points.

H1 Avg (Jan–Jun) 0.9122
H2 Avg (Jul–Dec) 0.8851

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0409 CHF (High: 0.8986 / Low: 0.8578). On the other end, August was the most stable month, with a tight range of 0.0127 CHF (High: 0.8853 / Low: 0.8726).

July Spread (Volatile) ±0.0409
August Spread (Stable) ±0.0127

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 0.0273 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0273

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.9253) against the same month in 2022 (average: 0.9293), the exchange rate shifted by -0.0040 (-0.43%).

2023 Avg (March) 0.9253
2022 Avg (March) 0.9293

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9363 0.9157 0.9240
February 0.9421 0.9072 0.9267
March 0.9423 0.9126 0.9253
April 0.9177 0.8872 0.8989
May 0.9100 0.8833 0.8982
June 0.9098 0.8918 0.9001
July 0.8986 0.8578 0.8744
August 0.8853 0.8726 0.8787
September 0.9209 0.8848 0.8991
October 0.9211 0.8911 0.9036
November 0.9062 0.8735 0.8912
December 0.8801 0.8409 0.8639