YEARLY HIGH
18328.7080 IDR
YEARLY LOW
16186.6437 IDR
YEARLY AVERAGE
16969.2312 IDR

2023 CHF to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 18328.7080. Conversely, the yearly low was recorded on February 28, dropping to 16186.6437.

This high-to-low spread represents a total annual volatility of 2142.0643 IDR. From a start-to-finish perspective, comparing the January average rate of 16495.6951 to the December average rate of 17926.0361, the exchange rate registered a net change of 8.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18328.7080 was up 7.68% compared to the 2022 peak of 17021.0106, 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 91,643,540 IDR
2022 Average 77,800,065 IDR
Yearly Trough Low 80,933,219 IDR
Transaction Impact: A difference of 10,710,321.44 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18082.0323
16210.0784
JanuMarcMayJulySeptNove

CHF to IDR 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 16512.5263, compared to 17425.9362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 913.4098 points.

H1 Avg (Jan–Jun) 16512.5263
H2 Avg (Jul–Dec) 17425.9362

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 967.1920 IDR (High: 17848.8482 / Low: 16881.6561). On the other end, May was the most stable month, with a tight range of 274.5473 IDR (High: 16627.1214 / Low: 16352.5741).

October Spread (Volatile) ±967.1920
May Spread (Stable) ±274.5473

Growth Streaks & Declines

Trends

Between May and August, 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 271.9835 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -271.9835

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 17926.0361) against the same month in 2022 (average: 16701.4157), the exchange rate shifted by +1224.6204 (+7.33%).

2023 Avg (December) 17926.0361
2022 Avg (December) 16701.4157

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16922.6460 16212.6442 16495.6951
February 16565.9184 16186.6437 16366.0746
March 16891.9114 16230.8822 16533.3070
April 16850.3458 16338.9701 16545.3401
May 16627.1214 16352.5741 16528.9738
June 16807.9694 16373.1813 16605.7673
July 17481.2142 16747.0018 17226.7215
August 17499.8125 17220.4834 17374.9204
September 17231.3280 16896.1140 17102.9369
October 17848.8482 16881.6561 17444.0312
November 17786.1801 17311.6431 17480.9709
December 18328.7080 17634.2748 17926.0361