2023 CHF to ISK Historical Review

YEARLY HIGH

161.7324 ISK

YEARLY LOW

148.3687 ISK

YEARLY AVERAGE

153.4748 ISK

2023 CHF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 161.7324. Conversely, the yearly low was recorded on August 31, dropping to 148.3687.

This high-to-low spread represents a total annual volatility of 13.3637 ISK. From a start-to-finish perspective, comparing the January average rate of 154.6501 to the December average rate of 159.5874, the exchange rate registered a net change of 3.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 161.7324 was up 4.35% compared to the 2022 peak of 154.9890, 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 808,662 ISK

2022 Average 708,581 ISK

Yearly Trough Low 741,843 ISK

Transaction Impact: A difference of 66,818.74 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

160.5419

149.0883

JanuMarcMayJulySeptNove

CHF to ISK 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 153.2356, compared to 153.7140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4785 points.

H1 Avg (Jan–Jun) 153.2356

H2 Avg (Jul–Dec) 153.7140

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 5.9315 ISK (High: 159.8787 / Low: 153.9472). On the other end, July was the most stable month, with a tight range of 2.5329 ISK (High: 152.9833 / Low: 150.4504).

November Spread (Volatile) ±5.9315

July Spread (Stable) ±2.5329

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 3.1829 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -3.1829

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 159.5874) against the same month in 2022 (average: 152.6509), the exchange rate shifted by +6.9366 (+4.54%).

2023 Avg (December) 159.5874

2022 Avg (December) 152.6509

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	156.8413	152.2978	154.6501
February	156.8655	152.5799	154.3967
March	154.3932	148.6426	151.2137
April	153.2198	149.9471	151.8549
May	156.2540	151.7718	154.1521
June	155.4687	150.7482	153.1459
July	152.9833	150.4504	151.7665
August	151.1294	148.3687	150.0428
September	152.4453	148.9343	150.5203
October	155.6769	150.5314	153.3993
November	159.8787	153.9472	156.9680
December	161.7324	157.8881	159.5874