YEARLY HIGH
4102.7715 MNT
YEARLY LOW
3615.5001 MNT
YEARLY AVERAGE
3854.7977 MNT

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CHF based on timing:

Yearly Peak High 20,513,857 MNT
2022 Average 16,359,494 MNT
Yearly Trough Low 18,077,500 MNT
Transaction Impact: A difference of 2,436,356.87 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4049.2304
3642.9401
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 3798.8328
H2 Avg (Jul–Dec) 3910.7626

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±230.8219
August Spread (Stable) ±56.8663

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 July and August, when the average rate fell by 88.8262 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -88.8262

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (December) 3994.5626
2022 Avg (December) 3654.5355

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