YEARLY HIGH
0.1746 AED
YEARLY LOW
0.1563 AED
YEARLY AVERAGE
0.1656 AED

2023 CZK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.1746. Conversely, the yearly low was recorded on October 14, dropping to 0.1563.

This high-to-low spread represents a total annual volatility of 0.0183 AED. From a start-to-finish perspective, comparing the January average rate of 0.1654 to the December average rate of 0.1638, the exchange rate registered a net change of -0.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1746 was up 0.70% compared to the 2022 peak of 0.1734, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 873 AED
2022 Average 788 AED
Yearly Trough Low 782 AED
Transaction Impact: A difference of 91.31 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1732
0.1565
JanuMarcMayJulySeptNove

CZK to AED 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 0.1677, compared to 0.1635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1677
H2 Avg (Jul–Dec) 0.1635

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0091 AED (High: 0.1667 / Low: 0.1576). On the other end, October was the most stable month, with a tight range of 0.0029 AED (High: 0.1592 / Low: 0.1563).

November Spread (Volatile) ±0.0091
October Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0053 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1718) against the same month in 2022 (average: 0.1626), the exchange rate shifted by +0.0092 (+5.66%).

2023 Avg (April) 0.1718
2022 Avg (April) 0.1626

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1687 0.1606 0.1654
February 0.1700 0.1638 0.1657
March 0.1702 0.1616 0.1660
April 0.1746 0.1690 0.1718
May 0.1730 0.1656 0.1690
June 0.1703 0.1661 0.1680
July 0.1736 0.1673 0.1700
August 0.1688 0.1643 0.1661
September 0.1643 0.1585 0.1608
October 0.1592 0.1563 0.1579
November 0.1667 0.1576 0.1624
December 0.1653 0.1618 0.1638