YEARLY HIGH
0.2254 CZK
YEARLY LOW
0.2100 CZK
YEARLY AVERAGE
0.2174 CZK

2023 CVE to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 0.2254. Conversely, the yearly low was recorded on April 13, dropping to 0.2100.

This high-to-low spread represents a total annual volatility of 0.0154 CZK. From a start-to-finish perspective, comparing the January average rate of 0.2167 to the December average rate of 0.2217, the exchange rate registered a net change of 2.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2254 was down 4.46% compared to the 2022 peak of 0.2360, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,127 CZK
2022 Average 1,111 CZK
Yearly Trough Low 1,050 CZK
Transaction Impact: A difference of 76.95 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2237
0.2113
JanuMarcMayJulySeptNove

CVE 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 0.2145, compared to 0.2203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.2145
H2 Avg (Jul–Dec) 0.2203

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0099 CZK (High: 0.2248 / Low: 0.2149). On the other end, August was the most stable month, with a tight range of 0.0043 CZK (High: 0.2206 / Low: 0.2163).

December Spread (Volatile) ±0.0099
August Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0023 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2227) against the same month in 2022 (average: 0.2212), the exchange rate shifted by +0.0015 (+0.67%).

2023 Avg (October) 0.2227
2022 Avg (October) 0.2212

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2211 0.2146 0.2167
February 0.2183 0.2131 0.2151
March 0.2201 0.2116 0.2147
April 0.2144 0.2100 0.2123
May 0.2159 0.2115 0.2138
June 0.2161 0.2109 0.2142
July 0.2205 0.2122 0.2165
August 0.2206 0.2163 0.2187
September 0.2246 0.2191 0.2212
October 0.2254 0.2197 0.2227
November 0.2231 0.2166 0.2212
December 0.2248 0.2149 0.2217