YEARLY HIGH
29.3981 HNL
YEARLY LOW
26.1696 HNL
YEARLY AVERAGE
27.4585 HNL

2023 CHF to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 29.3981. Conversely, the yearly low was recorded on February 28, dropping to 26.1696.

This high-to-low spread represents a total annual volatility of 3.2285 HNL. From a start-to-finish perspective, comparing the January average rate of 26.6944 to the December average rate of 28.6137, the exchange rate registered a net change of 7.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 29.3981 was up 8.88% compared to the 2022 peak of 27.0005, 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 146,991 HNL
2022 Average 128,952 HNL
Yearly Trough Low 130,848 HNL
Transaction Impact: A difference of 16,142.57 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

28.8147
26.4035
JanuMarcMayJulySeptNove

CHF to HNL 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 27.0185, compared to 27.8985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8801 points.

H1 Avg (Jan–Jun) 27.0185
H2 Avg (Jul–Dec) 27.8985

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1.4569 HNL (High: 28.7770 / Low: 27.3201). On the other end, August was the most stable month, with a tight range of 0.5353 HNL (High: 28.3573 / Low: 27.8220).

July Spread (Volatile) ±1.4569
August Spread (Stable) ±0.5353

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 0.4624 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4624

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 28.6137) against the same month in 2022 (average: 26.4906), the exchange rate shifted by +2.1231 (+8.01%).

2023 Avg (December) 28.6137
2022 Avg (December) 26.4906

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.9501 26.3639 26.6944
February 27.1860 26.1696 26.6045
March 27.0316 26.1853 26.6224
April 27.6860 26.8460 27.3525
May 27.8869 27.0879 27.4201
June 27.6986 27.1305 27.4170
July 28.7770 27.3201 28.1722
August 28.3573 27.8220 28.0193
September 27.9849 26.9279 27.5569
October 27.7364 26.9409 27.3387
November 28.3354 27.2002 27.6904
December 29.3981 28.0488 28.6137