YEARLY HIGH
36.6237 TWD
YEARLY LOW
32.3578 TWD
YEARLY AVERAGE
34.6808 TWD

2023 CHF to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 36.6237. Conversely, the yearly low was recorded on February 5, dropping to 32.3578.

This high-to-low spread represents a total annual volatility of 4.2659 TWD. From a start-to-finish perspective, comparing the January average rate of 32.8904 to the December average rate of 36.1363, the exchange rate registered a net change of 9.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 36.6237 was up 10.14% compared to the 2022 peak of 33.2508, 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 183,118 TWD
2022 Average 155,954 TWD
Yearly Trough Low 161,789 TWD
Transaction Impact: A difference of 21,329.26 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

36.5668
32.3158
JanuMarcMayJulySeptNove

CHF to TWD 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 33.5000, compared to 35.8616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3616 points.

H1 Avg (Jan–Jun) 33.5000
H2 Avg (Jul–Dec) 35.8616

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1.5811 TWD (High: 36.2448 / Low: 34.6636). On the other end, August was the most stable month, with a tight range of 0.4425 TWD (High: 36.3937 / Low: 35.9512).

July Spread (Volatile) ±1.5811
August Spread (Stable) ±0.4425

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.5896 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.5896

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 36.1363) against the same month in 2022 (average: 32.9238), the exchange rate shifted by +3.2125 (+9.76%).

2023 Avg (December) 36.1363
2022 Avg (December) 32.9238

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.2443 32.5388 32.8904
February 32.9105 32.3578 32.6701
March 33.5534 32.4982 33.0214
April 34.5666 33.2775 34.0001
May 34.7070 33.6916 34.1839
June 34.8132 33.7238 34.2344
July 36.2448 34.6636 35.6772
August 36.3937 35.9512 36.2125
September 36.0230 35.0116 35.6230
October 36.2873 35.0969 35.7310
November 36.0909 35.5326 35.7899
December 36.6237 35.7212 36.1363