2023 CHF to GEL Historical Review

YEARLY HIGH

3.1990 GEL

YEARLY LOW

2.7420 GEL

YEARLY AVERAGE

2.9214 GEL

2023 CHF to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 3.1990. Conversely, the yearly low was recorded on March 8, dropping to 2.7420.

This high-to-low spread represents a total annual volatility of 0.4570 GEL. From a start-to-finish perspective, comparing the January average rate of 2.8846 to the December average rate of 3.1096, the exchange rate registered a net change of 7.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.1990 was down 13.68% compared to the 2022 peak of 3.7058, 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 15,995 GEL

2022 Average 15,285 GEL

Yearly Trough Low 13,710 GEL

Transaction Impact: A difference of 2,284.99 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.1418

2.7556

JanuMarcMayJulySeptNove

CHF to GEL 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 2.8435, compared to 2.9993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1558 points.

H1 Avg (Jan–Jun) 2.8435

H2 Avg (Jul–Dec) 2.9993

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.1708 GEL (High: 3.1990 / Low: 3.0282). On the other end, August was the most stable month, with a tight range of 0.0347 GEL (High: 2.9979 / Low: 2.9632).

December Spread (Volatile) ±0.1708

August Spread (Stable) ±0.0347

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0642 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0642

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3.1096) against the same month in 2022 (average: 2.8699), the exchange rate shifted by +0.2398 (+8.35%).

2023 Avg (December) 3.1096

2022 Avg (December) 2.8699

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9205	2.8421	2.8846
February	2.8989	2.7917	2.8520
March	2.8320	2.7420	2.7878
April	2.8344	2.7726	2.8049
May	2.8788	2.7691	2.8305
June	2.9481	2.8670	2.9011
July	3.0118	2.8933	2.9584
August	2.9979	2.9632	2.9774
September	2.9733	2.9049	2.9437
October	3.0245	2.9042	2.9746
November	3.0923	2.9847	3.0320
December	3.1990	3.0282	3.1096