2023 CHF to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CHF to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CHF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 184.0809. Conversely, the yearly low was recorded on January 3, dropping to 161.2912.
This high-to-low spread represents a total annual volatility of 22.7897 JMD. From a start-to-finish perspective, comparing the January average rate of 165.4529 to the December average rate of 179.8296, the exchange rate registered a net change of 8.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 184.0809 was up 7.81% compared to the 2022 peak of 170.7513, 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 JMD 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 168.0949, compared to 175.0007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.9058 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 8.9826 JMD (High: 180.1202 / Low: 171.1376). On the other end, June was the most stable month, with a tight range of 3.1447 JMD (High: 173.2794 / Low: 170.1347).
Growth Streaks & Declines
TrendsBetween March and July, 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 August and September, when the average rate fell by 4.0630 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 179.8296) against the same month in 2022 (average: 164.3966), the exchange rate shifted by +15.4330 (+9.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 167.8965 | 161.2912 | 165.4529 |
| February | 168.9176 | 163.1162 | 166.4603 |
| March | 167.9977 | 161.3572 | 164.1754 |
| April | 172.3835 | 164.1453 | 169.2734 |
| May | 173.6630 | 169.6330 | 171.5744 |
| June | 173.2794 | 170.1347 | 171.6330 |
| July | 180.1202 | 171.1376 | 176.4623 |
| August | 177.4632 | 173.9361 | 175.9728 |
| September | 174.5424 | 168.0702 | 171.9098 |
| October | 174.5247 | 168.1525 | 171.5001 |
| November | 178.1413 | 170.7527 | 174.3292 |
| December | 184.0809 | 176.9063 | 179.8296 |