2023 CZK to BND Historical Review

YEARLY HIGH

0.0630 BND

YEARLY LOW

0.0582 BND

YEARLY AVERAGE

0.0605 BND

2023 CZK to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0630. Conversely, the yearly low was recorded on October 12, dropping to 0.0582.

This high-to-low spread represents a total annual volatility of 0.0048 BND. From a start-to-finish perspective, comparing the January average rate of 0.0598 to the December average rate of 0.0594, the exchange rate registered a net change of -0.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0630 was down 0.84% compared to the 2022 peak of 0.0635, 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 315 BND

2022 Average 296 BND

Yearly Trough Low 291 BND

Transaction Impact: A difference of 23.95 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0626

0.0585

JanuMarcMayJulySeptNove

CZK to BND 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 0.0610, compared to 0.0601 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0610

H2 Avg (Jul–Dec) 0.0601

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0027 BND (High: 0.0616 / Low: 0.0589). On the other end, December was the most stable month, with a tight range of 0.0010 BND (High: 0.0600 / Low: 0.0590).

March Spread (Volatile) ±0.0027

December 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 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0622) against the same month in 2022 (average: 0.0605), the exchange rate shifted by +0.0017 (+2.89%).

2023 Avg (April) 0.0622

2022 Avg (April) 0.0605

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0604	0.0586	0.0598
February	0.0608	0.0595	0.0601
March	0.0616	0.0589	0.0606
April	0.0630	0.0611	0.0622
May	0.0627	0.0611	0.0616
June	0.0626	0.0607	0.0616
July	0.0627	0.0606	0.0618
August	0.0616	0.0605	0.0611
September	0.0605	0.0590	0.0597
October	0.0595	0.0582	0.0588
November	0.0606	0.0588	0.0596
December	0.0600	0.0590	0.0594