2023 NZD to CHF Historical Review

YEARLY HIGH

0.5990 CHF

YEARLY LOW

0.5194 CHF

YEARLY AVERAGE

0.5521 CHF

2023 NZD to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.5990. Conversely, the yearly low was recorded on October 25, dropping to 0.5194.

This high-to-low spread represents a total annual volatility of 0.0796 CHF. From a start-to-finish perspective, comparing the January average rate of 0.5919 to the December average rate of 0.5380, the exchange rate registered a net change of -9.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5990 was down 7.84% compared to the 2022 peak of 0.6500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,995 CHF

2022 Average 3,032 CHF

Yearly Trough Low 2,597 CHF

Transaction Impact: A difference of 398.11 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5985

0.5196

JanuMarcMayJulySeptNove

NZD 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 0.5694, compared to 0.5347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0346 points.

H1 Avg (Jan–Jun) 0.5694

H2 Avg (Jul–Dec) 0.5347

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0298 CHF (High: 0.5750 / Low: 0.5453). On the other end, December was the most stable month, with a tight range of 0.0093 CHF (High: 0.5406 / Low: 0.5314).

April Spread (Volatile) ±0.0298

December Spread (Stable) ±0.0093

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0180 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5919) against the same month in 2022 (average: 0.6192), the exchange rate shifted by -0.0273 (-4.41%).

2023 Avg (January) 0.5919

2022 Avg (January) 0.6192

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5990	0.5829	0.5919
February	0.5913	0.5766	0.5820
March	0.5875	0.5638	0.5743
April	0.5750	0.5453	0.5582
May	0.5666	0.5467	0.5575
June	0.5580	0.5447	0.5523
July	0.5558	0.5340	0.5441
August	0.5357	0.5205	0.5261
September	0.5489	0.5233	0.5330
October	0.5489	0.5194	0.5327
November	0.5400	0.5300	0.5345
December	0.5406	0.5314	0.5380