YEARLY HIGH
0.0500 CHF
YEARLY LOW
0.0285 CHF
YEARLY AVERAGE
0.0391 CHF

2023 TRY to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0500. Conversely, the yearly low was recorded on December 30, dropping to 0.0285.

This high-to-low spread represents a total annual volatility of 0.0214 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0492 to the December average rate of 0.0297, the exchange rate registered a net change of -39.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0500 was down 28.92% compared to the 2022 peak of 0.0703, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 2,499 CHF
2022 Average 2,916 CHF
Yearly Trough Low 1,426 CHF
Transaction Impact: A difference of 1,072.44 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0512
0.0277
JanuMarcMayJulySeptNove

TRY 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 0.0462, compared to 0.0320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 0.0462
H2 Avg (Jul–Dec) 0.0320

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0090 CHF (High: 0.0434 / Low: 0.0343). On the other end, September was the most stable month, with a tight range of 0.0006 CHF (High: 0.0337 / Low: 0.0331).

June Spread (Volatile) ±0.0090
September Spread (Stable) ±0.0006

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 May and June, when the average rate fell by 0.0073 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0492) against the same month in 2022 (average: 0.0679), the exchange rate shifted by -0.0187 (-27.55%).

2023 Avg (January) 0.0492
2022 Avg (January) 0.0679

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0500 0.0487 0.0492
February 0.0499 0.0482 0.0492
March 0.0499 0.0476 0.0487
April 0.0478 0.0457 0.0465
May 0.0460 0.0438 0.0454
June 0.0434 0.0343 0.0381
July 0.0348 0.0318 0.0330
August 0.0342 0.0321 0.0326
September 0.0337 0.0331 0.0333
October 0.0334 0.0317 0.0324
November 0.0320 0.0302 0.0311
December 0.0304 0.0285 0.0297