2023 CHF to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CHF to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CHF to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 80.0659. Conversely, the yearly low was recorded on March 2, dropping to 64.7980.
This high-to-low spread represents a total annual volatility of 15.2679 GMD. From a start-to-finish perspective, comparing the January average rate of 67.1267 to the December average rate of 77.9836, the exchange rate registered a net change of 16.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 80.0659 was up 19.28% compared to the 2022 peak of 67.1252, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CHF to GMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 66.8102, compared to 71.9355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1253 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 5.2676 GMD (High: 77.0493 / Low: 71.7817). On the other end, August was the most stable month, with a tight range of 0.7280 GMD (High: 69.3469 / Low: 68.6189).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 2.2548 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 77.9836) against the same month in 2022 (average: 66.5762), the exchange rate shifted by +11.4074 (+17.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 68.0900 | 66.2206 | 67.1267 |
| February | 67.8991 | 64.8570 | 65.9388 |
| March | 68.0631 | 64.7980 | 66.3511 |
| April | 70.0627 | 66.9966 | 68.8089 |
| May | 67.9802 | 65.4582 | 66.5541 |
| June | 66.7262 | 65.2638 | 66.0817 |
| July | 69.5399 | 66.2670 | 68.2303 |
| August | 69.3469 | 68.6189 | 68.9521 |
| September | 71.2595 | 67.4739 | 68.7442 |
| October | 73.8970 | 70.3153 | 72.6233 |
| November | 77.0493 | 71.7817 | 75.0794 |
| December | 80.0659 | 76.5288 | 77.9836 |