YEARLY HIGH
11.7476 CZK
YEARLY LOW
10.5172 CZK
YEARLY AVERAGE
11.0976 CZK

2023 BBD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 11.7476. Conversely, the yearly low was recorded on April 13, dropping to 10.5172.

This high-to-low spread represents a total annual volatility of 1.2303 CZK. From a start-to-finish perspective, comparing the January average rate of 11.1040 to the December average rate of 11.2125, the exchange rate registered a net change of 0.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.7476 was down 8.64% compared to the 2022 peak of 12.8590, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,738 CZK
2022 Average 58,407 CZK
Yearly Trough Low 52,586 CZK
Transaction Impact: A difference of 6,151.75 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.7276
10.5958
JanuMarcMayJulySeptNove

BBD to CZK 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 10.9565, compared to 11.2388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2823 points.

H1 Avg (Jan–Jun) 10.9565
H2 Avg (Jul–Dec) 11.2388

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.6363 CZK (High: 11.6545 / Low: 11.0182). On the other end, October was the most stable month, with a tight range of 0.2122 CZK (High: 11.7476 / Low: 11.5354).

November Spread (Volatile) ±0.6363
October Spread (Stable) ±0.2122

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 March and April, when the average rate fell by 0.3716 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3716

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 11.6333) against the same month in 2022 (average: 12.4702), the exchange rate shifted by -0.8369 (-6.71%).

2023 Avg (October) 11.6333
2022 Avg (October) 12.4702

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.4319 10.8867 11.1040
February 11.2099 10.8026 11.0844
March 11.3635 10.7894 11.0618
April 10.8680 10.5172 10.6901
May 11.0899 10.6120 10.8691
June 11.0535 10.7826 10.9294
July 10.9746 10.5775 10.8040
August 11.1760 10.8805 11.0551
September 11.5878 11.1762 11.4201
October 11.7476 11.5354 11.6333
November 11.6545 11.0182 11.3077
December 11.3465 11.1090 11.2125