2023 CHF to BAM Historical Review

YEARLY HIGH

2.1038 BAM

YEARLY LOW

1.9313 BAM

YEARLY AVERAGE

2.0127 BAM

2023 CHF to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.1038. Conversely, the yearly low was recorded on February 3, dropping to 1.9313.

This high-to-low spread represents a total annual volatility of 0.1725 BAM. From a start-to-finish perspective, comparing the January average rate of 1.9671 to the December average rate of 2.0745, the exchange rate registered a net change of 5.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1038 was up 0.53% compared to the 2022 peak of 2.0928, 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 10,519 BAM

2022 Average 9,737 BAM

Yearly Trough Low 9,657 BAM

Transaction Impact: A difference of 862.38 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0852

1.9564

JanuMarcMayJulySeptNove

CHF to BAM 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 1.9837, compared to 2.0417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0580 points.

H1 Avg (Jan–Jun) 1.9837

H2 Avg (Jul–Dec) 2.0417

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0741 BAM (High: 2.0134 / Low: 1.9392). On the other end, November was the most stable month, with a tight range of 0.0295 BAM (High: 2.0510 / Low: 2.0215).

January Spread (Volatile) ±0.0741

November Spread (Stable) ±0.0295

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0175 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2.0745) against the same month in 2022 (average: 1.9821), the exchange rate shifted by +0.0923 (+4.66%).

2023 Avg (December) 2.0745

2022 Avg (December) 1.9821

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0134	1.9392	1.9671
February	1.9942	1.9313	1.9702
March	2.0114	1.9471	1.9747
April	1.9983	1.9565	1.9828
May	2.0174	1.9768	2.0021
June	2.0275	1.9858	2.0051
July	2.0492	1.9999	2.0231
August	2.0584	2.0225	2.0396
September	2.0508	2.0145	2.0343
October	2.0777	2.0164	2.0482
November	2.0510	2.0215	2.0307
December	2.1038	2.0536	2.0745