2023 CZK to BGN Historical Review

YEARLY HIGH

0.0841 BGN

YEARLY LOW

0.0790 BGN

YEARLY AVERAGE

0.0815 BGN

2023 CZK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0841. Conversely, the yearly low was recorded on December 30, dropping to 0.0790.

This high-to-low spread represents a total annual volatility of 0.0050 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0817 to the December average rate of 0.0799, the exchange rate registered a net change of -2.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0841 was up 3.80% compared to the 2022 peak of 0.0810, 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 420 BGN

2022 Average 398 BGN

Yearly Trough Low 395 BGN

Transaction Impact: A difference of 25.24 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0837

0.0792

JanuMarcMayJulySeptNove

CZK to BGN 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 0.0826, compared to 0.0804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0826

H2 Avg (Jul–Dec) 0.0804

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0031 BGN (High: 0.0838 / Low: 0.0807). On the other end, October was the most stable month, with a tight range of 0.0010 BGN (High: 0.0802 / Low: 0.0792).

March Spread (Volatile) ±0.0031

October Spread (Stable) ±0.0010

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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0834) against the same month in 2022 (average: 0.0800), the exchange rate shifted by +0.0033 (+4.18%).

2023 Avg (April) 0.0834

2022 Avg (April) 0.0800

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0824	0.0807	0.0817
February	0.0832	0.0820	0.0825
March	0.0838	0.0807	0.0825
April	0.0841	0.0826	0.0834
May	0.0837	0.0822	0.0828
June	0.0831	0.0820	0.0825
July	0.0824	0.0810	0.0819
August	0.0817	0.0805	0.0811
September	0.0812	0.0796	0.0802
October	0.0802	0.0792	0.0796
November	0.0807	0.0793	0.0800
December	0.0806	0.0790	0.0799