2023 CHF to GHS Historical Review

YEARLY HIGH

14.2695 GHS

YEARLY LOW

9.0281 GHS

YEARLY AVERAGE

13.0140 GHS

2023 CHF to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 14.2695. Conversely, the yearly low was recorded on January 1, dropping to 9.0281.

This high-to-low spread represents a total annual volatility of 5.2414 GHS. From a start-to-finish perspective, comparing the January average rate of 12.3931 to the December average rate of 13.9189, the exchange rate registered a net change of 12.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.2695 was down 7.44% compared to the 2022 peak of 15.4166, 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 71,348 GHS

2022 Average 47,080 GHS

Yearly Trough Low 45,140 GHS

Transaction Impact: A difference of 26,207.13 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.0715

12.2405

JanuMarcMayJulySeptNove

CHF to GHS 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 12.8605, compared to 13.1675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3070 points.

H1 Avg (Jan–Jun) 12.8605

H2 Avg (Jul–Dec) 13.1675

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 4.5220 GHS (High: 13.5501 / Low: 9.0281). On the other end, August was the most stable month, with a tight range of 0.2916 GHS (High: 13.0251 / Low: 12.7335).

January Spread (Volatile) ±4.5220

August Spread (Stable) ±0.2916

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5927 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5927

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 13.9189) against the same month in 2022 (average: 11.9279), the exchange rate shifted by +1.9910 (+16.69%).

2023 Avg (December) 13.9189

2022 Avg (December) 11.9279

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.5501	9.0281	12.3931
February	13.8137	13.1845	13.4729
March	13.6124	12.7336	13.3265
April	13.4389	11.8661	12.7338
May	13.4126	11.7600	12.6551
June	12.8712	12.2498	12.5818
July	13.4179	12.6389	13.0513
August	13.0251	12.7335	12.8353
September	12.9058	12.5778	12.7794
October	13.2339	12.6162	13.0172
November	13.7360	13.1410	13.4032
December	14.2695	13.6493	13.9189