YEARLY HIGH
1539.8912 KRW
YEARLY LOW
1331.2115 KRW
YEARLY AVERAGE
1454.3232 KRW

2023 CHF to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1539.8912. Conversely, the yearly low was recorded on January 30, dropping to 1331.2115.

This high-to-low spread represents a total annual volatility of 208.6797 KRW. From a start-to-finish perspective, comparing the January average rate of 1344.7013 to the December average rate of 1506.7449, the exchange rate registered a net change of 12.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1539.8912 was up 4.95% compared to the 2022 peak of 1467.2153, 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 7,699,456 KRW
2022 Average 6,761,531 KRW
Yearly Trough Low 6,656,057 KRW
Transaction Impact: A difference of 1,043,398.75 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1522.9493
1328.4970
JanuMarcMayJulySeptNove

CHF to KRW 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 1420.7326, compared to 1487.9137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 67.1811 points.

H1 Avg (Jan–Jun) 1420.7326
H2 Avg (Jul–Dec) 1487.9137

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 80.3517 KRW (High: 1503.9412 / Low: 1423.5895). On the other end, September was the most stable month, with a tight range of 29.5708 KRW (High: 1498.0099 / Low: 1468.4392).

April Spread (Volatile) ±80.3517
September Spread (Stable) ±29.5708

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 39.2717 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -39.2717

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1506.7449) against the same month in 2022 (average: 1388.1444), the exchange rate shifted by +118.6006 (+8.54%).

2023 Avg (December) 1506.7449
2022 Avg (December) 1388.1444

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1373.8514 1331.2115 1344.7013
February 1409.2201 1341.5915 1380.9703
March 1436.6637 1382.8363 1410.5558
April 1503.9412 1423.5895 1470.3513
May 1511.8708 1452.7711 1478.5444
June 1471.8306 1400.5923 1439.2727
July 1485.7785 1445.6146 1469.7781
August 1526.5934 1477.1825 1506.4141
September 1498.0099 1468.4392 1483.7561
October 1521.4893 1474.6535 1494.5133
November 1490.2555 1444.0026 1466.2759
December 1539.8912 1484.4800 1506.7449