2023 CHF to THB Historical Review

YEARLY HIGH

40.9368 THB

YEARLY LOW

35.3579 THB

YEARLY AVERAGE

38.7139 THB

2023 CHF to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 40.9368. Conversely, the yearly low was recorded on January 14, dropping to 35.3579.

This high-to-low spread represents a total annual volatility of 5.5789 THB. From a start-to-finish perspective, comparing the January average rate of 35.9369 to the December average rate of 40.4078, the exchange rate registered a net change of 12.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 40.9368 was up 5.41% compared to the 2022 peak of 38.8371, 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 204,684 THB

2022 Average 183,425 THB

Yearly Trough Low 176,789 THB

Transaction Impact: A difference of 27,894.36 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

40.8549

35.4898

JanuMarcMayJulySeptNove

CHF to THB 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 37.4508, compared to 39.9769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5261 points.

H1 Avg (Jan–Jun) 37.4508

H2 Avg (Jul–Dec) 39.9769

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.0646 THB (High: 37.4225 / Low: 35.3579). On the other end, September was the most stable month, with a tight range of 0.8027 THB (High: 40.2921 / Low: 39.4894).

January Spread (Volatile) ±2.0646

September Spread (Stable) ±0.8027

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 October and November, when the average rate fell by 0.6233 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.6233

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 40.4078) against the same month in 2022 (average: 37.2772), the exchange rate shifted by +3.1306 (+8.40%).

2023 Avg (December) 40.4078

2022 Avg (December) 37.2772

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.4225	35.3579	35.9369
February	37.4069	35.9182	36.7655
March	37.8354	36.5292	37.1942
April	38.6628	37.2560	38.0233
May	38.3897	37.3746	38.0501
June	39.6928	38.1304	38.7348
July	40.2342	38.8814	39.6036
August	40.3946	39.2922	39.8823
September	40.2921	39.4894	39.8289
October	40.9041	39.7033	40.3811
November	40.3416	39.3205	39.7578
December	40.9368	40.0511	40.4078