2023 CHF to SGD Historical Review

YEARLY HIGH

1.5706 SGD

YEARLY LOW

1.4206 SGD

YEARLY AVERAGE

1.4951 SGD

2023 CHF to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.5706. Conversely, the yearly low was recorded on January 30, dropping to 1.4206.

This high-to-low spread represents a total annual volatility of 0.1500 SGD. From a start-to-finish perspective, comparing the January average rate of 1.4336 to the December average rate of 1.5414, the exchange rate registered a net change of 7.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5706 was up 5.79% compared to the 2022 peak of 1.4847, 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 7,853 SGD

2022 Average 7,222 SGD

Yearly Trough Low 7,103 SGD

Transaction Impact: A difference of 749.86 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.5522

1.4228

JanuMarcMayJulySeptNove

CHF to SGD 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 1.4652, compared to 1.5251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0600 points.

H1 Avg (Jan–Jun) 1.4652

H2 Avg (Jul–Dec) 1.5251

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0489 SGD (High: 1.5024 / Low: 1.4535). On the other end, August was the most stable month, with a tight range of 0.0171 SGD (High: 1.5461 / Low: 1.5290).

April Spread (Volatile) ±0.0489

August Spread (Stable) ±0.0171

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 August and September, when the average rate fell by 0.0210 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0210

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.5414) against the same month in 2022 (average: 1.4504), the exchange rate shifted by +0.0910 (+6.27%).

2023 Avg (December) 1.5414

2022 Avg (December) 1.4504

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4504	1.4206	1.4336
February	1.4468	1.4286	1.4386
March	1.4765	1.4282	1.4492
April	1.5024	1.4535	1.4819
May	1.5058	1.4777	1.4918
June	1.5112	1.4787	1.4957
July	1.5441	1.5045	1.5270
August	1.5461	1.5290	1.5376
September	1.5321	1.4909	1.5166
October	1.5390	1.4912	1.5151
November	1.5285	1.5017	1.5129
December	1.5706	1.5238	1.5414