YEARLY HIGH
0.0529 CHF
YEARLY LOW
0.0474 CHF
YEARLY AVERAGE
0.0507 CHF

2023 MXN to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.0529. Conversely, the yearly low was recorded on January 1, dropping to 0.0474.

This high-to-low spread represents a total annual volatility of 0.0055 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0487 to the December average rate of 0.0503, the exchange rate registered a net change of 3.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0529 was up 2.66% compared to the 2022 peak of 0.0515, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,644 CHF
2022 Average 2,375 CHF
Yearly Trough Low 2,371 CHF
Transaction Impact: A difference of 272.92 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0525
0.0484
JanuMarcMayJulySeptNove

MXN 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 0.0502, compared to 0.0512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0502
H2 Avg (Jul–Dec) 0.0512

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0042 CHF (High: 0.0523 / Low: 0.0482). On the other end, June was the most stable month, with a tight range of 0.0010 CHF (High: 0.0526 / Low: 0.0516).

March Spread (Volatile) ±0.0042
June Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0020 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0517) against the same month in 2022 (average: 0.0476), the exchange rate shifted by +0.0042 (+8.74%).

2023 Avg (August) 0.0517
2022 Avg (August) 0.0476

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0494 0.0474 0.0487
February 0.0515 0.0484 0.0498
March 0.0523 0.0482 0.0503
April 0.0509 0.0491 0.0498
May 0.0514 0.0492 0.0507
June 0.0526 0.0516 0.0522
July 0.0528 0.0510 0.0517
August 0.0529 0.0504 0.0517
September 0.0528 0.0507 0.0520
October 0.0526 0.0487 0.0500
November 0.0517 0.0503 0.0513
December 0.0507 0.0495 0.0503