YEARLY HIGH
10244.7371 GNF
YEARLY LOW
9147.7310 GNF
YEARLY AVERAGE
9595.4832 GNF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CHF based on timing:

Yearly Peak High 51,223,686 GNF
2022 Average 46,169,736 GNF
Yearly Trough Low 45,738,655 GNF
Transaction Impact: A difference of 5,485,030.98 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10022.7775
9266.9436
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 9466.2254
H2 Avg (Jul–Dec) 9724.7411

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±508.0935
August Spread (Stable) ±195.7464

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -228.6255

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (December) 9959.7913
2022 Avg (December) 9328.2622

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