YEARLY HIGH
0.0179 BHD
YEARLY LOW
0.0160 BHD
YEARLY AVERAGE
0.0170 BHD

2023 CZK to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0179. Conversely, the yearly low was recorded on October 14, dropping to 0.0160.

This high-to-low spread represents a total annual volatility of 0.0019 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0170 to the December average rate of 0.0168, the exchange rate registered a net change of -0.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0179 was up 0.72% compared to the 2022 peak of 0.0178, 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 90 BHD
2022 Average 81 BHD
Yearly Trough Low 80 BHD
Transaction Impact: A difference of 9.40 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0178
0.0161
JanuMarcMayJulySeptNove

CZK to BHD 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 0.0172, compared to 0.0168 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0172
H2 Avg (Jul–Dec) 0.0168

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0009 BHD (High: 0.0175 / Low: 0.0165). On the other end, October was the most stable month, with a tight range of 0.0003 BHD (High: 0.0164 / Low: 0.0160).

March Spread (Volatile) ±0.0009
October Spread (Stable) ±0.0003

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 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0176) against the same month in 2022 (average: 0.0167), the exchange rate shifted by +0.0009 (+5.53%).

2023 Avg (April) 0.0176
2022 Avg (April) 0.0167

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0173 0.0165 0.0170
February 0.0175 0.0168 0.0170
March 0.0175 0.0165 0.0170
April 0.0179 0.0173 0.0176
May 0.0178 0.0170 0.0173
June 0.0175 0.0170 0.0172
July 0.0178 0.0172 0.0174
August 0.0173 0.0169 0.0171
September 0.0169 0.0163 0.0165
October 0.0164 0.0160 0.0162
November 0.0171 0.0162 0.0167
December 0.0170 0.0166 0.0168