YEARLY HIGH
0.3658 KWD
YEARLY LOW
0.3259 KWD
YEARLY AVERAGE
0.3422 KWD

2023 CHF to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.3658. Conversely, the yearly low was recorded on February 28, dropping to 0.3259.

This high-to-low spread represents a total annual volatility of 0.0399 KWD. From a start-to-finish perspective, comparing the January average rate of 0.3307 to the December average rate of 0.3565, the exchange rate registered a net change of 7.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3658 was up 10.24% compared to the 2022 peak of 0.3318, 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 1,829 KWD
2022 Average 1,605 KWD
Yearly Trough Low 1,629 KWD
Transaction Impact: A difference of 199.49 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3591
0.3277
JanuMarcMayJulySeptNove

CHF to KWD 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 0.3360, compared to 0.3483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0123 points.

H1 Avg (Jan–Jun) 0.3360
H2 Avg (Jul–Dec) 0.3483

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0159 KWD (High: 0.3573 / Low: 0.3414). On the other end, August was the most stable month, with a tight range of 0.0039 KWD (High: 0.3524 / Low: 0.3485).

July Spread (Volatile) ±0.0159
August Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between 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 0.0071 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3565) against the same month in 2022 (average: 0.3288), the exchange rate shifted by +0.0277 (+8.42%).

2023 Avg (December) 0.3565
2022 Avg (December) 0.3288

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3334 0.3272 0.3307
February 0.3361 0.3259 0.3303
March 0.3359 0.3261 0.3313
April 0.3453 0.3342 0.3409
May 0.3465 0.3379 0.3417
June 0.3441 0.3378 0.3413
July 0.3573 0.3414 0.3509
August 0.3524 0.3485 0.3505
September 0.3485 0.3359 0.3434
October 0.3470 0.3357 0.3423
November 0.3531 0.3409 0.3462
December 0.3658 0.3504 0.3565