YEARLY HIGH
0.2511 CHF
YEARLY LOW
0.2242 CHF
YEARLY AVERAGE
0.2395 CHF

2023 SAR to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.2511. Conversely, the yearly low was recorded on December 31, dropping to 0.2242.

This high-to-low spread represents a total annual volatility of 0.0269 CHF. From a start-to-finish perspective, comparing the January average rate of 0.2460 to the December average rate of 0.2303, the exchange rate registered a net change of -6.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2511 was down 6.85% compared to the 2022 peak of 0.2696, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,255 CHF
2022 Average 1,271 CHF
Yearly Trough Low 1,121 CHF
Transaction Impact: A difference of 134.69 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2487
0.2286
JanuMarcMayJulySeptNove

SAR 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 0.2431, compared to 0.2360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.2431
H2 Avg (Jul–Dec) 0.2360

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0109 CHF (High: 0.2397 / Low: 0.2287). On the other end, August was the most stable month, with a tight range of 0.0034 CHF (High: 0.2360 / Low: 0.2326).

July Spread (Volatile) ±0.0109
August Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0073 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2470) against the same month in 2022 (average: 0.2460), the exchange rate shifted by +0.0010 (+0.41%).

2023 Avg (February) 0.2470
2022 Avg (February) 0.2460

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2491 0.2438 0.2460
February 0.2511 0.2418 0.2470
March 0.2510 0.2431 0.2464
April 0.2445 0.2365 0.2396
May 0.2426 0.2355 0.2395
June 0.2426 0.2378 0.2400
July 0.2397 0.2287 0.2331
August 0.2360 0.2326 0.2342
September 0.2455 0.2359 0.2397
October 0.2456 0.2375 0.2409
November 0.2416 0.2328 0.2376
December 0.2347 0.2242 0.2303