2023 CZK to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CZK to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CZK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 125.0144. Conversely, the yearly low was recorded on January 5, dropping to 89.3335.
This high-to-low spread represents a total annual volatility of 35.6809 CDF. From a start-to-finish perspective, comparing the January average rate of 92.2711 to the December average rate of 121.4117, the exchange rate registered a net change of 31.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 125.0144 was up 31.89% compared to the 2022 peak of 94.7845, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CZK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CZK to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 97.4605, compared to 112.8614 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.4009 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 14.4555 CDF (High: 121.9570 / Low: 107.5015). On the other end, August was the most stable month, with a tight range of 3.7101 CDF (High: 114.0100 / Low: 110.2999).
Growth Streaks & Declines
TrendsBetween 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 3.2427 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 121.4117) against the same month in 2022 (average: 89.3000), the exchange rate shifted by +32.1117 (+35.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 94.5064 | 89.3335 | 92.2711 |
| February | 95.0550 | 91.2140 | 93.0415 |
| March | 95.7603 | 91.0647 | 93.4882 |
| April | 102.6033 | 94.5231 | 97.3514 |
| May | 105.8397 | 93.9703 | 100.6222 |
| June | 110.6743 | 105.3544 | 107.9887 |
| July | 117.5661 | 110.6743 | 114.2810 |
| August | 114.0100 | 110.2999 | 111.9986 |
| September | 111.0333 | 107.1807 | 108.7559 |
| October | 111.3875 | 105.5965 | 108.2381 |
| November | 121.9570 | 107.5015 | 112.4832 |
| December | 125.0144 | 117.9602 | 121.4117 |