YEARLY HIGH
0.0951 BBD
YEARLY LOW
0.0851 BBD
YEARLY AVERAGE
0.0902 BBD

2023 CZK to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0951. Conversely, the yearly low was recorded on October 14, dropping to 0.0851.

This high-to-low spread represents a total annual volatility of 0.0100 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0901 to the December average rate of 0.0892, the exchange rate registered a net change of -0.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0951 was up 0.72% compared to the 2022 peak of 0.0944, 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 475 BBD
2022 Average 429 BBD
Yearly Trough Low 426 BBD
Transaction Impact: A difference of 49.79 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0943
0.0852
JanuMarcMayJulySeptNove

CZK to BBD 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 0.0913, compared to 0.0890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0913
H2 Avg (Jul–Dec) 0.0890

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0050 BBD (High: 0.0908 / Low: 0.0858). On the other end, October was the most stable month, with a tight range of 0.0016 BBD (High: 0.0867 / Low: 0.0851).

November Spread (Volatile) ±0.0050
October Spread (Stable) ±0.0016

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 0.0029 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0935) against the same month in 2022 (average: 0.0885), the exchange rate shifted by +0.0050 (+5.68%).

2023 Avg (April) 0.0935
2022 Avg (April) 0.0885

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0919 0.0875 0.0901
February 0.0926 0.0892 0.0902
March 0.0927 0.0880 0.0904
April 0.0951 0.0920 0.0935
May 0.0942 0.0902 0.0920
June 0.0927 0.0905 0.0915
July 0.0945 0.0911 0.0926
August 0.0919 0.0895 0.0905
September 0.0895 0.0863 0.0876
October 0.0867 0.0851 0.0860
November 0.0908 0.0858 0.0885
December 0.0900 0.0881 0.0892