2023 CHF to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CHF to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CHF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 4102.7715. Conversely, the yearly low was recorded on March 7, dropping to 3615.5001.
This high-to-low spread represents a total annual volatility of 487.2714 MNT. From a start-to-finish perspective, comparing the January average rate of 3687.1839 to the December average rate of 3994.5626, the exchange rate registered a net change of 8.34% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 4102.7715 was up 11.16% compared to the 2022 peak of 3690.8827, 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 MNT 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 3798.8328, compared to 3910.7626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 111.9298 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 230.8219 MNT (High: 3846.3220 / Low: 3615.5001). On the other end, August was the most stable month, with a tight range of 56.8663 MNT (High: 3953.6699 / Low: 3896.8036).
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 July and August, when the average rate fell by 88.8262 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 3994.5626) against the same month in 2022 (average: 3654.5355), the exchange rate shifted by +340.0270 (+9.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3720.6129 | 3638.8938 | 3687.1839 |
| February | 3755.3531 | 3616.4557 | 3676.7976 |
| March | 3846.3220 | 3615.5001 | 3686.3224 |
| April | 3966.6034 | 3834.4319 | 3915.1434 |
| May | 3983.7165 | 3866.8333 | 3918.0216 |
| June | 3945.8060 | 3867.7428 | 3909.5282 |
| July | 4102.4457 | 3915.9305 | 4015.3729 |
| August | 3953.6699 | 3896.8036 | 3926.5467 |
| September | 3898.9968 | 3746.4978 | 3837.8426 |
| October | 3871.8192 | 3745.6193 | 3818.4314 |
| November | 3949.7772 | 3807.0226 | 3871.8195 |
| December | 4102.7715 | 3920.1828 | 3994.5626 |