YEARLY HIGH
3261.1898 CDF
YEARLY LOW
2173.9130 CDF
YEARLY AVERAGE
2604.3636 CDF

2023 CHF to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 3261.1898. Conversely, the yearly low was recorded on February 24, dropping to 2173.9130.

This high-to-low spread represents a total annual volatility of 1087.2768 CDF. From a start-to-finish perspective, comparing the January average rate of 2217.2558 to the December average rate of 3152.3836, the exchange rate registered a net change of 42.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3261.1898 was up 47.27% compared to the 2022 peak of 2214.4280, 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 16,305,949 CDF
2022 Average 10,584,122 CDF
Yearly Trough Low 10,869,565 CDF
Transaction Impact: A difference of 5,436,384.02 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3245.8964
2123.7430
JanuMarcMayJulySeptNove

CHF to CDF 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 2342.0298, compared to 2866.6974 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 524.6675 points.

H1 Avg (Jan–Jun) 2342.0298
H2 Avg (Jul–Dec) 2866.6974

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 380.1547 CDF (High: 3112.6852 / Low: 2732.5305). On the other end, January was the most stable month, with a tight range of 64.0375 CDF (High: 2245.0343 / Low: 2180.9968).

November Spread (Volatile) ±380.1547
January Spread (Stable) ±64.0375

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 55.3227 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -55.3227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3152.3836) against the same month in 2022 (average: 2194.2267), the exchange rate shifted by +958.1568 (+43.67%).

2023 Avg (December) 3152.3836
2022 Avg (December) 2194.2267

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2245.0343 2180.9968 2217.2558
February 2263.6760 2173.9130 2225.8482
March 2274.5072 2182.3902 2235.1815
April 2452.1400 2236.3980 2315.7094
May 2583.5696 2275.5116 2435.9161
June 2692.4366 2557.8117 2622.2680
July 2959.5619 2691.9855 2824.8301
August 2844.0330 2777.7778 2818.2588
September 2808.0942 2704.3397 2762.9361
October 2884.0473 2693.6662 2787.4293
November 3112.6852 2732.5305 2854.3464
December 3261.1898 3044.5338 3152.3836