2023 CHF to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CHF to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CHF to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 10244.7371. Conversely, the yearly low was recorded on February 25, dropping to 9147.7310.
This high-to-low spread represents a total annual volatility of 1097.0062 GNF. From a start-to-finish perspective, comparing the January average rate of 9379.2492 to the December average rate of 9959.7913, the exchange rate registered a net change of 6.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 10244.7371 was up 0.16% compared to the 2022 peak of 10228.1003, 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 GNF 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 9466.2254, compared to 9724.7411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 258.5157 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 508.0935 GNF (High: 10050.7372 / Low: 9542.6438). On the other end, August was the most stable month, with a tight range of 195.7464 GNF (High: 9900.2426 / Low: 9704.4962).
Growth Streaks & Declines
TrendsBetween February and May, 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 August and September, when the average rate fell by 228.6255 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 9959.7913) against the same month in 2022 (average: 9328.2622), the exchange rate shifted by +631.5291 (+6.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9539.2954 | 9260.0933 | 9379.2492 |
| February | 9555.3712 | 9147.7310 | 9329.9297 |
| March | 9519.5796 | 9159.5024 | 9334.6767 |
| April | 9693.1347 | 9376.0319 | 9568.2703 |
| May | 9768.9116 | 9468.9422 | 9602.5731 |
| June | 9679.9463 | 9474.0274 | 9582.6534 |
| July | 10050.7372 | 9542.6438 | 9846.1545 |
| August | 9900.2426 | 9704.4962 | 9800.5153 |
| September | 9712.6903 | 9357.7457 | 9571.8898 |
| October | 9686.4502 | 9352.1813 | 9519.0598 |
| November | 9845.8213 | 9462.2452 | 9651.0358 |
| December | 10244.7371 | 9774.9905 | 9959.7913 |