2023 CHF to CVE Historical Review

YEARLY HIGH

119.2147 CVE

YEARLY LOW

108.8833 CVE

YEARLY AVERAGE

113.6440 CVE

2023 CHF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 119.2147. Conversely, the yearly low was recorded on February 3, dropping to 108.8833.

This high-to-low spread represents a total annual volatility of 10.3314 CVE. From a start-to-finish perspective, comparing the January average rate of 110.9118 to the December average rate of 117.1241, the exchange rate registered a net change of 5.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 119.2147 was up 1.18% compared to the 2022 peak of 117.8226, 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 596,073 CVE

2022 Average 550,328 CVE

Yearly Trough Low 544,417 CVE

Transaction Impact: A difference of 51,656.92 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

117.7453

110.2906

JanuMarcMayJulySeptNove

CHF to CVE 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 112.0162, compared to 115.2717 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2555 points.

H1 Avg (Jan–Jun) 112.0162

H2 Avg (Jul–Dec) 115.2717

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.5404 CVE (High: 113.1479 / Low: 109.6075). On the other end, May was the most stable month, with a tight range of 2.1504 CVE (High: 113.9734 / Low: 111.8230).

January Spread (Volatile) ±3.5404

May Spread (Stable) ±2.1504

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 0.9021 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.9021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 117.1241) against the same month in 2022 (average: 111.9359), the exchange rate shifted by +5.1882 (+4.64%).

2023 Avg (December) 117.1241

2022 Avg (December) 111.9359

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	113.1479	109.6075	110.9118
February	112.4153	108.8833	111.2262
March	113.3230	109.8657	111.3936
April	112.9666	110.4562	112.0301
May	113.9734	111.8230	113.1813
June	115.7638	112.4595	113.3543
July	116.1001	112.7572	114.1852
August	116.2429	114.0278	115.0749
September	115.8057	113.5748	114.8759
October	117.2166	113.8862	115.6362
November	116.5466	113.9702	114.7340
December	119.2147	116.1504	117.1241