YEARLY HIGH
22.0900 SZL
YEARLY LOW
19.7999 SZL
YEARLY AVERAGE
20.8081 SZL

2024 CHF to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CHF to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 22.0900. Conversely, the yearly low was recorded on December 12, dropping to 19.7999.

This high-to-low spread represents a total annual volatility of 2.2901 SZL. From a start-to-finish perspective, comparing the January average rate of 21.8874 to the December average rate of 20.4303, the exchange rate registered a net change of -6.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.0900 was down 0.41% compared to the 2023 peak of 22.1805, 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 110,450 SZL
2023 Average 102,734 SZL
Yearly Trough Low 99,000 SZL
Transaction Impact: A difference of 11,450.37 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.0521
20.0758
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 21.0468, compared to 20.5694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4773 points.

H1 Avg (Jan–Jun) 21.0468
H2 Avg (Jul–Dec) 20.5694

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 1.3099 SZL (High: 21.2945 / Low: 19.9846). On the other end, October was the most stable month, with a tight range of 0.3625 SZL (High: 20.5341 / Low: 20.1716).

June Spread (Volatile) ±1.3099
October Spread (Stable) ±0.3625

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4828 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.4828

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 21.8874) against the same month in 2023 (average: 18.5110), the exchange rate shifted by +3.3764 (+18.24%).

2024 Avg (January) 21.8874
2023 Avg (January) 18.5110

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.0900 21.6989 21.8874
February 21.9083 21.3638 21.6302
March 21.6472 20.8951 21.2005
April 21.0684 20.2662 20.7177
May 20.6179 19.8757 20.2405
June 21.2945 19.9846 20.6044
July 20.9607 19.9857 20.4423
August 21.7272 20.5666 21.0207
September 21.1563 20.3096 20.8010
October 20.5341 20.1716 20.3908
November 20.5975 19.9843 20.3317
December 20.7880 19.7999 20.4303