2023 CHF to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CHF to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CHF to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 544.4301. Conversely, the yearly low was recorded on March 5, dropping to 460.1827.
This high-to-low spread represents a total annual volatility of 84.2474 KZT. From a start-to-finish perspective, comparing the January average rate of 500.6077 to the December average rate of 531.6259, the exchange rate registered a net change of 6.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 544.4301 was down 2.91% compared to the 2022 peak of 560.7597, 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 KZT 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 495.5344, compared to 520.7963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.2619 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 46.7067 KZT (High: 506.8894 / Low: 460.1827). On the other end, September was the most stable month, with a tight range of 10.9879 KZT (High: 527.5204 / Low: 516.5324).
Growth Streaks & Declines
TrendsBetween May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 13.3366 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 531.6259) against the same month in 2022 (average: 501.4261), the exchange rate shifted by +30.1998 (+6.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 506.3376 | 494.3064 | 500.6077 |
| February | 507.6091 | 472.3776 | 487.2711 |
| March | 506.8894 | 460.1827 | 487.8042 |
| April | 513.2746 | 489.0984 | 502.4371 |
| May | 504.6182 | 490.3805 | 496.6893 |
| June | 508.0201 | 489.6425 | 498.3968 |
| July | 517.7099 | 495.9217 | 509.1598 |
| August | 527.8960 | 506.2542 | 515.7330 |
| September | 527.5204 | 516.5324 | 521.1992 |
| October | 537.9944 | 515.2465 | 527.3031 |
| November | 525.6819 | 512.8616 | 519.7565 |
| December | 544.4301 | 521.5167 | 531.6259 |