2023 CHF to TRY Historical Review

YEARLY HIGH

35.0535 TRY

YEARLY LOW

20.0093 TRY

YEARLY AVERAGE

26.5669 TRY

2023 CHF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 35.0535. Conversely, the yearly low was recorded on January 3, dropping to 20.0093.

This high-to-low spread represents a total annual volatility of 15.0442 TRY. From a start-to-finish perspective, comparing the January average rate of 20.3257 to the December average rate of 33.6970, the exchange rate registered a net change of 65.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 35.0535 was up 72.90% compared to the 2022 peak of 20.2734, 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 175,267 TRY

2022 Average 86,714 TRY

Yearly Trough Low 100,047 TRY

Transaction Impact: A difference of 75,220.84 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

35.0341

18.9886

JanuMarcMayJulySeptNove

CHF to TRY 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 21.8491, compared to 31.2847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.4356 points.

H1 Avg (Jan–Jun) 21.8491

H2 Avg (Jul–Dec) 31.2847

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 6.0706 TRY (High: 29.1248 / Low: 23.0542). On the other end, January was the most stable month, with a tight range of 0.5198 TRY (High: 20.5291 / Low: 20.0093).

June Spread (Volatile) ±6.0706

January Spread (Stable) ±0.5198

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 0.5915 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.5915

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 33.6970) against the same month in 2022 (average: 20.0083), the exchange rate shifted by +13.6887 (+68.42%).

2023 Avg (December) 33.6970

2022 Avg (December) 20.0083

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.5291	20.0093	20.3257
February	20.7434	20.0472	20.3420
March	20.9988	20.0525	20.5374
April	21.8763	20.9209	21.5215
May	22.8101	21.7183	22.0125
June	29.1248	23.0542	26.3553
July	31.4213	28.7584	30.2910
August	31.1122	29.2654	30.6364
September	30.2562	29.6907	30.0449
October	31.5216	29.9058	30.8690
November	33.1413	31.2789	32.1698
December	35.0535	32.8698	33.6970