YEARLY HIGH
11.6561 CZK
YEARLY LOW
10.4368 CZK
YEARLY AVERAGE
11.0170 CZK

2023 BZD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 11.6561. Conversely, the yearly low was recorded on April 13, dropping to 10.4368.

This high-to-low spread represents a total annual volatility of 1.2193 CZK. From a start-to-finish perspective, comparing the January average rate of 11.0174 to the December average rate of 11.1137, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.6561 was down 8.63% compared to the 2022 peak of 12.7568, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,280 CZK
2022 Average 57,957 CZK
Yearly Trough Low 52,184 CZK
Transaction Impact: A difference of 6,096.28 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.6443
10.5244
JanuMarcMayJulySeptNove

BZD 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 10.8785, compared to 11.1555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2770 points.

H1 Avg (Jan–Jun) 10.8785
H2 Avg (Jul–Dec) 11.1555

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.6293 CZK (High: 11.5692 / Low: 10.9398). On the other end, October was the most stable month, with a tight range of 0.2331 CZK (High: 11.6561 / Low: 11.4230).

November Spread (Volatile) ±0.6293
October Spread (Stable) ±0.2331

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 0.3857 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3857

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 11.5510) against the same month in 2022 (average: 12.3843), the exchange rate shifted by -0.8333 (-6.73%).

2023 Avg (October) 11.5510
2022 Avg (October) 12.3843

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.3370 10.8010 11.0174
February 11.1289 10.7192 10.9969
March 11.3223 10.7038 11.0034
April 10.8066 10.4368 10.6177
May 11.0084 10.5294 10.7897
June 10.9611 10.6955 10.8461
July 10.8872 10.4990 10.7327
August 11.0897 10.7915 10.9691
September 11.4856 11.0887 11.3337
October 11.6561 11.4230 11.5510
November 11.5692 10.9398 11.2330
December 11.2576 11.0036 11.1137