YEARLY HIGH
26.3954 CRC
YEARLY LOW
22.6044 CRC
YEARLY AVERAGE
24.4219 CRC

2023 CZK to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 26.3954. Conversely, the yearly low was recorded on October 14, dropping to 22.6044.

This high-to-low spread represents a total annual volatility of 3.7910 CRC. From a start-to-finish perspective, comparing the January average rate of 25.8779 to the December average rate of 23.4197, the exchange rate registered a net change of -9.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 26.3954 was down 13.16% compared to the 2022 peak of 30.3944, 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 131,977 CRC
2022 Average 138,385 CRC
Yearly Trough Low 113,022 CRC
Transaction Impact: A difference of 18,955.04 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

26.1795
22.5598
JanuMarcMayJulySeptNove

CZK to CRC 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 25.0875, compared to 23.7563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3312 points.

H1 Avg (Jan–Jun) 25.0875
H2 Avg (Jul–Dec) 23.7563

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.7037 CRC (High: 25.5019 / Low: 23.7982). On the other end, December was the most stable month, with a tight range of 0.5197 CRC (High: 23.7341 / Low: 23.2145).

March Spread (Volatile) ±1.7037
December Spread (Stable) ±0.5197

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.8919 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.8919

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 25.8779) against the same month in 2022 (average: 29.5299), the exchange rate shifted by -3.6520 (-12.37%).

2023 Avg (January) 25.8779
2022 Avg (January) 29.5299

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.3954 25.2081 25.8779
February 26.3605 24.8801 25.4942
March 25.5019 23.7982 24.6656
April 25.4759 24.8220 25.0515
May 25.6055 24.2290 24.7314
June 25.1292 24.3078 24.7042
July 25.7299 24.4488 25.0019
August 25.0450 24.0136 24.3430
September 24.1223 23.0191 23.4511
October 23.2192 22.6044 22.8614
November 24.0237 22.7675 23.4604
December 23.7341 23.2145 23.4197