YEARLY HIGH
22.5833 NAD
YEARLY LOW
18.0419 NAD
YEARLY AVERAGE
20.6021 NAD

2023 CHF to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 22.5833. Conversely, the yearly low was recorded on January 5, dropping to 18.0419.

This high-to-low spread represents a total annual volatility of 4.5414 NAD. From a start-to-finish perspective, comparing the January average rate of 18.4851 to the December average rate of 21.6320, the exchange rate registered a net change of 17.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.5833 was up 18.63% compared to the 2022 peak of 19.0365, 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 112,916 NAD
2022 Average 85,385 NAD
Yearly Trough Low 90,209 NAD
Transaction Impact: A difference of 22,706.88 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.9467
18.1704
JanuMarcMayJulySeptNove

CHF to NAD 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 19.9691, compared to 21.2350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2659 points.

H1 Avg (Jan–Jun) 19.9691
H2 Avg (Jul–Dec) 21.2350

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.8814 NAD (High: 22.2131 / Low: 20.3317). On the other end, March was the most stable month, with a tight range of 0.6333 NAD (High: 19.9856 / Low: 19.3523).

November Spread (Volatile) ±1.8814
March Spread (Stable) ±0.6333

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.4380 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4380

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 21.4493) against the same month in 2022 (average: 17.4419), the exchange rate shifted by +4.0074 (+22.98%).

2023 Avg (August) 21.4493
2022 Avg (August) 17.4419

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.8708 18.0419 18.4851
February 19.6964 18.3713 19.2942
March 19.9856 19.3523 19.7546
April 20.7067 19.3193 20.2237
May 21.7520 20.5111 21.2476
June 21.7754 20.3025 20.8096
July 21.3913 20.2608 20.8678
August 22.5833 20.8334 21.4493
September 21.6108 20.5556 21.1066
October 22.5263 20.6659 21.3135
November 22.2131 20.3317 21.0410
December 22.0176 20.9944 21.6320