2023 CHF to JPY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CHF to JPY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CHF to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 170.4216. Conversely, the yearly low was recorded on January 14, dropping to 137.9195.
This high-to-low spread represents a total annual volatility of 32.5021 JPY. From a start-to-finish perspective, comparing the January average rate of 140.8801 to the December average rate of 166.3231, the exchange rate registered a net change of 18.06% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 170.4216 was up 13.33% compared to the 2022 peak of 150.3753, 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 JPY 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 147.9000, compared to 165.1055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.2055 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 8.0441 JPY (High: 161.2501 / Low: 153.2059). On the other end, September was the most stable month, with a tight range of 3.4548 JPY (High: 165.7977 / Low: 162.3429).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.7867 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 168.1098) against the same month in 2022 (average: 147.2917), the exchange rate shifted by +20.8181 (+14.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 143.2441 | 137.9195 | 140.8801 |
| February | 145.6802 | 140.9922 | 143.7325 |
| March | 146.9994 | 141.3951 | 144.3759 |
| April | 152.4524 | 144.4552 | 148.6027 |
| May | 155.5185 | 150.2507 | 152.7847 |
| June | 161.2501 | 153.2059 | 157.0242 |
| July | 163.7226 | 159.4545 | 161.4589 |
| August | 166.4668 | 162.2868 | 164.7964 |
| September | 165.7977 | 162.3429 | 164.4152 |
| October | 168.0942 | 161.9649 | 165.5294 |
| November | 170.4216 | 165.8805 | 168.1098 |
| December | 168.8162 | 163.4597 | 166.3231 |