2023 CHF to XAF Historical Review

YEARLY HIGH

706.6516 XAF

YEARLY LOW

651.3246 XAF

YEARLY AVERAGE

674.7937 XAF

2023 CHF to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 706.6516. Conversely, the yearly low was recorded on January 12, dropping to 651.3246.

This high-to-low spread represents a total annual volatility of 55.3270 XAF. From a start-to-finish perspective, comparing the January average rate of 658.0955 to the December average rate of 695.2655, the exchange rate registered a net change of 5.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 706.6516 was up 2.26% compared to the 2022 peak of 691.0622, 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 3,533,258 XAF

2022 Average 3,266,013 XAF

Yearly Trough Low 3,256,623 XAF

Transaction Impact: A difference of 276,635.00 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

698.9825

654.3785

JanuMarcMayJulySeptNove

CHF to XAF 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 664.7798, compared to 684.8076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.0278 points.

H1 Avg (Jan–Jun) 664.7798

H2 Avg (Jul–Dec) 684.8076

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 25.2681 XAF (High: 677.2856 / Low: 652.0175). On the other end, August was the most stable month, with a tight range of 6.7949 XAF (High: 687.9901 / Low: 681.1952).

May Spread (Volatile) ±25.2681

August Spread (Stable) ±6.7949

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 6.8213 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -6.8213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 695.2655) against the same month in 2022 (average: 664.0717), the exchange rate shifted by +31.1937 (+4.70%).

2023 Avg (December) 695.2655

2022 Avg (December) 664.0717

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	666.0435	651.3246	658.0955
February	665.3066	655.1821	661.4555
March	670.2958	654.4187	661.6691
April	670.1826	658.4913	664.1195
May	677.2856	652.0175	671.3071
June	676.7509	668.6213	672.0318
July	687.6547	670.8937	678.5395
August	687.9901	681.1952	684.2973
September	688.1838	677.1621	683.3082
October	694.7425	678.2269	687.1281
November	688.3693	677.6066	680.3068
December	706.6516	688.1128	695.2655