YEARLY HIGH
0.0092 CHF
YEARLY LOW
0.0084 CHF
YEARLY AVERAGE
0.0088 CHF

2023 CVE to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0092. Conversely, the yearly low was recorded on December 14, dropping to 0.0084.

This high-to-low spread represents a total annual volatility of 0.0008 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0090 to the December average rate of 0.0085, the exchange rate registered a net change of -5.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0092 was down 4.29% compared to the 2022 peak of 0.0096, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 46 CHF
2022 Average 45 CHF
Yearly Trough Low 42 CHF
Transaction Impact: A difference of 3.98 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0091
0.0085
JanuMarcMayJulySeptNove

CVE to CHF 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 0.0089, compared to 0.0087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0089
H2 Avg (Jul–Dec) 0.0087

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0003 CHF (High: 0.0092 / Low: 0.0089). On the other end, August was the most stable month, with a tight range of 0.0002 CHF (High: 0.0088 / Low: 0.0086).

February Spread (Volatile) ±0.0003
August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0090) against the same month in 2022 (average: 0.0095), the exchange rate shifted by -0.0005 (-4.92%).

2023 Avg (February) 0.0090
2022 Avg (February) 0.0095

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0091 0.0088 0.0090
February 0.0092 0.0089 0.0090
March 0.0091 0.0088 0.0090
April 0.0091 0.0089 0.0089
May 0.0089 0.0088 0.0088
June 0.0089 0.0086 0.0088
July 0.0089 0.0086 0.0088
August 0.0088 0.0086 0.0087
September 0.0088 0.0086 0.0087
October 0.0088 0.0085 0.0086
November 0.0088 0.0086 0.0087
December 0.0086 0.0084 0.0085