YEARLY HIGH
0.3285 BOB
YEARLY LOW
0.2941 BOB
YEARLY AVERAGE
0.3114 BOB

2023 CZK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.3285. Conversely, the yearly low was recorded on October 13, dropping to 0.2941.

This high-to-low spread represents a total annual volatility of 0.0344 BOB. From a start-to-finish perspective, comparing the January average rate of 0.3112 to the December average rate of 0.3085, the exchange rate registered a net change of -0.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3285 was up 1.09% compared to the 2022 peak of 0.3249, 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 1,642 BOB
2022 Average 1,478 BOB
Yearly Trough Low 1,471 BOB
Transaction Impact: A difference of 171.82 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3258
0.2941
JanuMarcMayJulySeptNove

CZK to BOB 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 0.3153, compared to 0.3075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.3153
H2 Avg (Jul–Dec) 0.3075

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0174 BOB (High: 0.3203 / Low: 0.3028). On the other end, October was the most stable month, with a tight range of 0.0060 BOB (High: 0.3001 / Low: 0.2941).

March Spread (Volatile) ±0.0174
October Spread (Stable) ±0.0060

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 0.0100 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.3231) against the same month in 2022 (average: 0.3048), the exchange rate shifted by +0.0183 (+6.01%).

2023 Avg (April) 0.3231
2022 Avg (April) 0.3048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3174 0.3024 0.3112
February 0.3198 0.3080 0.3118
March 0.3203 0.3028 0.3120
April 0.3285 0.3172 0.3231
May 0.3255 0.3114 0.3178
June 0.3205 0.3128 0.3161
July 0.3265 0.3149 0.3195
August 0.3177 0.3091 0.3125
September 0.3092 0.2985 0.3025
October 0.3001 0.2941 0.2968
November 0.3133 0.2963 0.3052
December 0.3115 0.3045 0.3085