2023 SGD to CHF Historical Review

YEARLY HIGH

0.7039 CHF

YEARLY LOW

0.6367 CHF

YEARLY AVERAGE

0.6693 CHF

2023 SGD to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.7039. Conversely, the yearly low was recorded on December 30, dropping to 0.6367.

This high-to-low spread represents a total annual volatility of 0.0672 CHF. From a start-to-finish perspective, comparing the January average rate of 0.6976 to the December average rate of 0.6488, the exchange rate registered a net change of -6.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7039 was down 2.31% compared to the 2022 peak of 0.7205, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,520 CHF

2022 Average 3,462 CHF

Yearly Trough Low 3,184 CHF

Transaction Impact: A difference of 336.08 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7025

0.6439

JanuMarcMayJulySeptNove

SGD 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 0.6828, compared to 0.6558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0270 points.

H1 Avg (Jan–Jun) 0.6828

H2 Avg (Jul–Dec) 0.6558

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0229 CHF (High: 0.7002 / Low: 0.6773). On the other end, August was the most stable month, with a tight range of 0.0072 CHF (High: 0.6540 / Low: 0.6468).

March Spread (Volatile) ±0.0229

August Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between August and November, 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 March and April, when the average rate fell by 0.0152 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6976) against the same month in 2022 (average: 0.6802), the exchange rate shifted by +0.0174 (+2.56%).

2023 Avg (January) 0.6976

2022 Avg (January) 0.6802

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7039	0.6895	0.6976
February	0.7000	0.6912	0.6951
March	0.7002	0.6773	0.6901
April	0.6880	0.6656	0.6749
May	0.6767	0.6641	0.6703
June	0.6763	0.6617	0.6686
July	0.6647	0.6476	0.6549
August	0.6540	0.6468	0.6504
September	0.6707	0.6527	0.6594
October	0.6706	0.6498	0.6601
November	0.6659	0.6542	0.6610
December	0.6563	0.6367	0.6488