YEARLY HIGH
23.7345 MXN
YEARLY LOW
18.0328 MXN
YEARLY AVERAGE
20.8284 MXN

2024 CHF to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CHF to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 23.7345. Conversely, the yearly low was recorded on April 10, dropping to 18.0328.

This high-to-low spread represents a total annual volatility of 5.7016 MXN. From a start-to-finish perspective, comparing the January average rate of 19.8766 to the December average rate of 22.7077, the exchange rate registered a net change of 14.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 23.7345 was up 12.55% compared to the 2023 peak of 21.0875, 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 118,672 MXN
2023 Average 98,669 MXN
Yearly Trough Low 90,164 MXN
Transaction Impact: A difference of 28,508.15 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

23.6049
18.0053
JanuMarcMayJulySeptNove

CHF to MXN 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 19.2541, compared to 22.4026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1485 points.

H1 Avg (Jan–Jun) 19.2541
H2 Avg (Jul–Dec) 22.4026

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 2.1577 MXN (High: 20.9788 / Low: 18.8211). On the other end, January was the most stable month, with a tight range of 0.4755 MXN (High: 20.1522 / Low: 19.6766).

June Spread (Volatile) ±2.1577
January Spread (Stable) ±0.4755

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.6206 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 23.1383) against the same month in 2023 (average: 19.2414), the exchange rate shifted by +3.8969 (+20.25%).

2024 Avg (September) 23.1383
2023 Avg (September) 19.2414

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.1522 19.6766 19.8766
February 19.9153 19.2774 19.4898
March 19.2563 18.2929 18.8693
April 18.8496 18.0328 18.4719
May 18.8523 18.1895 18.4799
June 20.9788 18.8211 20.3375
July 21.2829 19.6814 20.3043
August 23.5090 21.3736 22.3425
September 23.7345 22.5906 23.1383
October 23.2730 22.4528 22.8438
November 23.4676 22.6929 23.0792
December 23.1070 22.3960 22.7077