2023 CHF to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CHF to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CHF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 102.1091. Conversely, the yearly low was recorded on November 18, dropping to 77.5837.
This high-to-low spread represents a total annual volatility of 24.5254 AFN. From a start-to-finish perspective, comparing the January average rate of 96.1647 to the December average rate of 80.9965, the exchange rate registered a net change of -15.77% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 102.1091 was down 11.42% compared to the 2022 peak of 115.2779, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CHF to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 96.2885, compared to 87.7782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.5103 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was September, with a trading range of 9.6920 AFN (High: 91.9540 / Low: 82.2621). On the other end, June was the most stable month, with a tight range of 3.1023 AFN (High: 97.9185 / Low: 94.8162).
Growth Streaks & Declines
TrendsBetween March and May, 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 August and September, when the average rate fell by 9.3725 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2023: 96.3880) against the same month in 2022 (average: 92.5926), the exchange rate shifted by +3.7954 (+4.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 97.4444 | 93.8218 | 96.1647 |
| February | 99.1168 | 93.8053 | 96.7572 |
| March | 96.9204 | 93.1582 | 94.6855 |
| April | 102.1091 | 94.5327 | 96.3880 |
| May | 99.4381 | 95.9877 | 97.4058 |
| June | 97.9185 | 94.8162 | 96.3298 |
| July | 101.6611 | 95.5335 | 99.0949 |
| August | 99.2781 | 91.9310 | 96.0903 |
| September | 91.9540 | 82.2621 | 86.7178 |
| October | 85.4050 | 81.2675 | 83.5910 |
| November | 82.6392 | 77.5837 | 80.1789 |
| December | 84.1606 | 78.7336 | 80.9965 |