YEARLY HIGH
346.9892 PKR
YEARLY LOW
242.3697 PKR
YEARLY AVERAGE
311.3644 PKR

2023 CHF to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 346.9892. Conversely, the yearly low was recorded on January 3, dropping to 242.3697.

This high-to-low spread represents a total annual volatility of 104.6195 PKR. From a start-to-finish perspective, comparing the January average rate of 252.9865 to the December average rate of 326.5208, the exchange rate registered a net change of 29.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 346.9892 was up 37.97% compared to the 2022 peak of 251.4909, 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 1,734,946 PKR
2022 Average 1,070,941 PKR
Yearly Trough Low 1,211,848 PKR
Transaction Impact: A difference of 523,097.59 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

342.0826
244.8869
JanuMarcMayJulySeptNove

CHF to PKR 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 299.0668, compared to 323.6619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 24.5951 points.

H1 Avg (Jan–Jun) 299.0668
H2 Avg (Jul–Dec) 323.6619

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 50.0491 PKR (High: 292.4188 / Low: 242.3697). On the other end, June was the most stable month, with a tight range of 8.1313 PKR (High: 322.2811 / Low: 314.1498).

January Spread (Volatile) ±50.0491
June Spread (Stable) ±8.1313

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 22.0633 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -22.0633

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 333.9829) against the same month in 2022 (average: 230.5444), the exchange rate shifted by +103.4385 (+44.87%).

2023 Avg (August) 333.9829
2022 Avg (August) 230.5444

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 292.4188 242.3697 252.9865
February 299.1451 270.3626 286.5158
March 310.5903 278.9574 302.8188
April 321.9317 308.7950 315.5817
May 330.5354 313.6265 318.0937
June 322.2811 314.1498 318.4045
July 333.1930 306.4751 322.1559
August 346.9892 324.8447 333.9829
September 346.5414 313.5384 331.2646
October 315.7187 305.1433 309.2013
November 327.1160 309.1612 318.8460
December 334.6313 322.2019 326.5208