2023 CZK to BIF Historical Review

YEARLY HIGH

133.8780 BIF

YEARLY LOW

90.5026 BIF

YEARLY AVERAGE

114.5990 BIF

2023 CZK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 133.8780. Conversely, the yearly low was recorded on January 5, dropping to 90.5026.

This high-to-low spread represents a total annual volatility of 43.3754 BIF. From a start-to-finish perspective, comparing the January average rate of 93.1772 to the December average rate of 127.1283, the exchange rate registered a net change of 36.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 133.8780 was up 41.07% compared to the 2022 peak of 94.9020, 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 669,390 BIF

2022 Average 437,887 BIF

Yearly Trough Low 452,513 BIF

Transaction Impact: A difference of 216,877.13 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

134.7413

89.3986

JanuMarcMayJulySeptNove

CZK to BIF 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 102.8594, compared to 126.3387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.4793 points.

H1 Avg (Jan–Jun) 102.8594

H2 Avg (Jul–Dec) 126.3387

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 33.9371 BIF (High: 128.5876 / Low: 94.6505). On the other end, October was the most stable month, with a tight range of 2.4117 BIF (High: 123.1708 / Low: 120.7591).

May Spread (Volatile) ±33.9371

October Spread (Stable) ±2.4117

Growth Streaks & Declines

Trends

Between January and July, 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 August and September, when the average rate fell by 4.0087 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -4.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 130.9627) against the same month in 2022 (average: 85.2214), the exchange rate shifted by +45.7413 (+53.67%).

2023 Avg (July) 130.9627

2022 Avg (July) 85.2214

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	95.0412	90.5026	93.1772
February	95.9914	92.0615	93.5256
March	96.4281	91.1440	93.8633
April	98.8595	95.6785	97.2578
May	128.5876	94.6505	109.8890
June	131.3369	127.7890	129.4433
July	133.8780	129.0337	130.9627
August	130.1874	126.7797	128.1844
September	127.0285	122.6118	124.1757
October	123.1708	120.7591	121.9939
November	129.1247	121.7762	125.5869
December	128.5352	125.4092	127.1283