2023 CHF to PHP Historical Review

YEARLY HIGH

65.9501 PHP

YEARLY LOW

57.9176 PHP

YEARLY AVERAGE

61.9235 PHP

2023 CHF to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 65.9501. Conversely, the yearly low was recorded on February 5, dropping to 57.9176.

This high-to-low spread represents a total annual volatility of 8.0325 PHP. From a start-to-finish perspective, comparing the January average rate of 59.4499 to the December average rate of 64.2828, the exchange rate registered a net change of 8.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 65.9501 was up 8.43% compared to the 2022 peak of 60.8248, 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 329,750 PHP

2022 Average 285,426 PHP

Yearly Trough Low 289,588 PHP

Transaction Impact: A difference of 40,162.50 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

64.7958

58.6396

JanuMarcMayJulySeptNove

CHF to PHP 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 60.5614, compared to 63.2856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7242 points.

H1 Avg (Jan–Jun) 60.5614

H2 Avg (Jul–Dec) 63.2856

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 3.6761 PHP (High: 62.8172 / Low: 59.1411). On the other end, June was the most stable month, with a tight range of 0.9826 PHP (High: 62.5577 / Low: 61.5750).

April Spread (Volatile) ±3.6761

June Spread (Stable) ±0.9826

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.9048 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.9048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 64.2828) against the same month in 2022 (average: 59.5800), the exchange rate shifted by +4.7028 (+7.89%).

2023 Avg (December) 64.2828

2022 Avg (December) 59.5800

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	60.3742	58.9773	59.4499
February	60.0062	57.9176	59.1961
March	60.4698	58.3768	59.1527
April	62.8172	59.1411	61.4778
May	62.6786	61.5935	62.0909
June	62.5577	61.5750	62.0012
July	63.6715	61.6449	62.8041
August	64.7683	62.9153	64.0811
September	64.1950	61.8757	63.1764
October	63.6050	61.6838	62.8431
November	63.4778	61.9113	62.5264
December	65.9501	63.0992	64.2828