2023 CHF to NOK Historical Review

YEARLY HIGH

12.5472 NOK

YEARLY LOW

10.5870 NOK

YEARLY AVERAGE

11.7587 NOK

2023 CHF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 12.5472. Conversely, the yearly low was recorded on January 1, dropping to 10.5870.

This high-to-low spread represents a total annual volatility of 1.9603 NOK. From a start-to-finish perspective, comparing the January average rate of 10.7417 to the December average rate of 12.1720, the exchange rate registered a net change of 13.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.5472 was up 13.74% compared to the 2022 peak of 11.0311, 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 62,736 NOK

2022 Average 50,328 NOK

Yearly Trough Low 52,935 NOK

Transaction Impact: A difference of 9,801.33 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.3843

10.5923

JanuMarcMayJulySeptNove

CHF to NOK 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 11.4842, compared to 12.0332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5490 points.

H1 Avg (Jan–Jun) 11.4842

H2 Avg (Jul–Dec) 12.0332

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.7870 NOK (High: 12.4983 / Low: 11.7113). On the other end, February was the most stable month, with a tight range of 0.2993 NOK (High: 11.1990 / Low: 10.8997).

October Spread (Volatile) ±0.7870

February Spread (Stable) ±0.2993

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 June and July, when the average rate fell by 0.2289 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 12.1720) against the same month in 2022 (average: 10.5907), the exchange rate shifted by +1.5813 (+14.93%).

2023 Avg (December) 12.1720

2022 Avg (December) 10.5907

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9566	10.5870	10.7417
February	11.1990	10.8997	11.0587
March	11.5953	11.0497	11.3880
April	11.9644	11.2603	11.6897
May	12.3419	11.7780	12.0377
June	12.2305	11.7674	11.9892
July	12.0196	11.5631	11.7603
August	12.1258	11.6011	11.9206
September	12.0536	11.6625	11.9346
October	12.4983	11.7113	12.1763
November	12.4326	12.0761	12.2350
December	12.5472	11.8849	12.1720