2023 CHF to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CHF to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CHF to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1070.2882. Conversely, the yearly low was recorded on March 7, dropping to 955.0875.
This high-to-low spread represents a total annual volatility of 115.2007 KPW. From a start-to-finish perspective, comparing the January average rate of 974.0239 to the December average rate of 1042.0598, the exchange rate registered a net change of 6.99% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 1070.2882 was up 8.34% compared to the 2022 peak of 987.8635, 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 KPW 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 986.8839, compared to 1017.2122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 30.3284 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 47.7021 KPW (High: 1049.2189 / Low: 1001.5167). On the other end, August was the most stable month, with a tight range of 14.8347 KPW (High: 1031.3921 / Low: 1016.5575).
Growth Streaks & Declines
TrendsBetween February and May, 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 23.1402 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 1042.0598) against the same month in 2022 (average: 965.3993), the exchange rate shifted by +76.6605 (+7.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 982.8546 | 961.2673 | 974.0239 |
| February | 992.0318 | 955.3400 | 971.2802 |
| March | 986.1879 | 955.0875 | 972.7528 |
| April | 1014.4766 | 980.6731 | 1001.3155 |
| May | 1018.8533 | 988.9599 | 1002.0515 |
| June | 1009.1575 | 989.1925 | 999.8793 |
| July | 1049.2189 | 1001.5167 | 1029.5683 |
| August | 1031.3921 | 1016.5575 | 1024.3165 |
| September | 1017.1296 | 977.3473 | 1001.1763 |
| October | 1010.0398 | 977.1181 | 996.1125 |
| November | 1030.3766 | 993.1363 | 1010.0399 |
| December | 1070.2882 | 1022.6564 | 1042.0598 |