2023 CHF to KES Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CHF to KES Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CHF to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 187.0594. Conversely, the yearly low was recorded on January 3, dropping to 131.9297.
This high-to-low spread represents a total annual volatility of 55.1297 KES. From a start-to-finish perspective, comparing the January average rate of 134.1479 to the December average rate of 178.8586, the exchange rate registered a net change of 33.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 187.0594 was up 39.93% compared to the 2022 peak of 133.6797, 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 KES 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 144.5212, compared to 167.2006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.6794 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 12.8101 KES (High: 187.0594 / Low: 174.2493). On the other end, February was the most stable month, with a tight range of 2.7238 KES (High: 137.2691 / Low: 134.5453).
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 August and September, when the average rate fell by 0.3441 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 178.8586) against the same month in 2022 (average: 131.9811), the exchange rate shifted by +46.8775 (+35.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 135.8212 | 131.9297 | 134.1479 |
| February | 137.2691 | 134.5453 | 135.5862 |
| March | 144.8246 | 135.4278 | 140.0552 |
| April | 152.7351 | 144.3769 | 149.4999 |
| May | 154.0439 | 150.8472 | 152.7634 |
| June | 157.1980 | 151.2796 | 155.0745 |
| July | 165.4007 | 154.4901 | 161.7718 |
| August | 165.5816 | 161.4519 | 163.6048 |
| September | 164.7750 | 160.6650 | 163.2607 |
| October | 168.3400 | 161.1159 | 165.2010 |
| November | 175.2785 | 165.8325 | 170.5064 |
| December | 187.0594 | 174.2493 | 178.8586 |