YEARLY HIGH
13.0406 TJS
YEARLY LOW
10.6264 TJS
YEARLY AVERAGE
12.0339 TJS

2023 CHF to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 13.0406. Conversely, the yearly low was recorded on March 7, dropping to 10.6264.

This high-to-low spread represents a total annual volatility of 2.4142 TJS. From a start-to-finish perspective, comparing the January average rate of 11.0736 to the December average rate of 12.6660, the exchange rate registered a net change of 14.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.0406 was down 7.18% compared to the 2022 peak of 14.0490, 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 65,203 TJS
2022 Average 57,538 TJS
Yearly Trough Low 53,132 TJS
Transaction Impact: A difference of 12,071.06 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.8252
10.9144
JanuMarcMayJulySeptNove

CHF to TJS 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 11.6879, compared to 12.3800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6921 points.

H1 Avg (Jan–Jun) 11.6879
H2 Avg (Jul–Dec) 12.3800

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.3499 TJS (High: 11.9763 / Low: 10.6264). On the other end, August was the most stable month, with a tight range of 0.1739 TJS (High: 12.5694 / Low: 12.3955).

March Spread (Volatile) ±1.3499
August Spread (Stable) ±0.1739

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 August and September, when the average rate fell by 0.2750 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2750

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 12.6660) against the same month in 2022 (average: 10.8807), the exchange rate shifted by +1.7852 (+16.41%).

2023 Avg (December) 12.6660
2022 Avg (December) 10.8807

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.2285 10.8942 11.0736
February 11.6348 10.6292 11.2142
March 11.9763 10.6264 11.4138
April 12.2864 11.8786 12.1353
May 12.3480 11.9924 12.1567
June 12.2417 12.0060 12.1336
July 12.7578 12.1307 12.4997
August 12.5694 12.3955 12.4909
September 12.4229 11.9416 12.2159
October 12.3181 11.9307 12.1392
November 12.5156 12.0827 12.2683
December 13.0406 12.4180 12.6660