YEARLY HIGH
964.1190 ARS
YEARLY LOW
190.4999 ARS
YEARLY AVERAGE
331.0021 ARS

2023 CHF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 964.1190. Conversely, the yearly low was recorded on January 3, dropping to 190.4999.

This high-to-low spread represents a total annual volatility of 773.6191 ARS. From a start-to-finish perspective, comparing the January average rate of 197.0215 to the December average rate of 734.2460, the exchange rate registered a net change of 272.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 964.1190 was up 403.21% compared to the 2022 peak of 191.5951, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,820,595 ARS
2022 Average 683,836 ARS
Yearly Trough Low 952,499 ARS
Transaction Impact: A difference of 3,868,095.36 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

787.9685
143.2990
JanuMarcMayJulySeptNove

CHF to ARS 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 232.4977, compared to 429.5065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 197.0087 points.

H1 Avg (Jan–Jun) 232.4977
H2 Avg (Jul–Dec) 429.5065

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 550.7141 ARS (High: 964.1190 / Low: 413.4049). On the other end, February was the most stable month, with a tight range of 8.0159 ARS (High: 210.3035 / Low: 202.2876).

December Spread (Volatile) ±550.7141
February Spread (Stable) ±8.0159

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.8361 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -1.8361

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 734.2460) against the same month in 2022 (average: 184.8286), the exchange rate shifted by +549.4174 (+297.26%).

2023 Avg (December) 734.2460
2022 Avg (December) 184.8286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 204.0578 190.4999 197.0215
February 210.3035 202.2876 206.9466
March 228.3396 210.0446 218.9365
April 248.6655 227.7820 239.4636
May 263.5959 247.7610 256.8927
June 286.5620 264.4190 275.7255
July 316.1951 284.7880 304.0090
August 398.8442 316.1200 365.7011
September 395.5347 380.0705 389.2256
October 392.8250 380.0193 387.3894
November 412.1164 386.2275 396.4677
December 964.1190 413.4049 734.2460