YEARLY HIGH
22.1805 SZL
YEARLY LOW
18.1330 SZL
YEARLY AVERAGE
20.5386 SZL

2023 CHF to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 22.1805. Conversely, the yearly low was recorded on January 5, dropping to 18.1330.

This high-to-low spread represents a total annual volatility of 4.0475 SZL. From a start-to-finish perspective, comparing the January average rate of 18.5110 to the December average rate of 21.5729, the exchange rate registered a net change of 16.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.1805 was up 17.10% compared to the 2022 peak of 18.9413, 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 110,902 SZL
2022 Average 85,680 SZL
Yearly Trough Low 90,665 SZL
Transaction Impact: A difference of 20,237.48 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.8791
18.2048
JanuMarcMayJulySeptNove

CHF to SZL 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 19.9523, compared to 21.1249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1726 points.

H1 Avg (Jan–Jun) 19.9523
H2 Avg (Jul–Dec) 21.1249

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.5495 SZL (High: 21.8319 / Low: 20.2824). On the other end, October was the most stable month, with a tight range of 0.7925 SZL (High: 21.4215 / Low: 20.6290).

June Spread (Volatile) ±1.5495
October Spread (Stable) ±0.7925

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 0.4080 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 21.3746) against the same month in 2022 (average: 17.4495), the exchange rate shifted by +3.9251 (+22.49%).

2023 Avg (August) 21.3746
2022 Avg (August) 17.4495

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.0261 18.1330 18.5110
February 19.6689 18.5055 19.3184
March 20.1811 19.3290 19.7261
April 20.6233 19.3475 20.1712
May 21.8110 20.4981 21.1977
June 21.8319 20.2824 20.7897
July 21.3324 20.2121 20.8383
August 22.1805 20.6437 21.3746
September 21.5593 20.5187 21.0851
October 21.4215 20.6290 21.1036
November 21.5470 20.2648 20.7749
December 22.0151 20.9468 21.5729