2023 CZK to CVE Historical Review

YEARLY HIGH

4.7611 CVE

YEARLY LOW

4.4361 CVE

YEARLY AVERAGE

4.6014 CVE

2023 CZK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 4.7611. Conversely, the yearly low was recorded on October 12, dropping to 4.4361.

This high-to-low spread represents a total annual volatility of 0.3250 CVE. From a start-to-finish perspective, comparing the January average rate of 4.6151 to the December average rate of 4.5115, the exchange rate registered a net change of -2.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 4.7611 was up 0.88% compared to the 2022 peak of 4.7196, 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 23,806 CVE

2022 Average 22,500 CVE

Yearly Trough Low 22,180 CVE

Transaction Impact: A difference of 1,625.24 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4.7319

4.4687

JanuMarcMayJulySeptNove

CZK to CVE 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 4.6631, compared to 4.5398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1233 points.

H1 Avg (Jan–Jun) 4.6631

H2 Avg (Jul–Dec) 4.5398

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.2048 CVE (High: 4.6528 / Low: 4.4480). On the other end, August was the most stable month, with a tight range of 0.0904 CVE (High: 4.6232 / Low: 4.5328).

December Spread (Volatile) ±0.2048

August Spread (Stable) ±0.0904

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 0.0513 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0513

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 4.7099) against the same month in 2022 (average: 4.5154), the exchange rate shifted by +0.1946 (+4.31%).

2023 Avg (April) 4.7099

2022 Avg (April) 4.5154

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.6606	4.5230	4.6151
February	4.6924	4.5813	4.6493
March	4.7256	4.5430	4.6592
April	4.7611	4.6637	4.7099
May	4.7281	4.6326	4.6770
June	4.7419	4.6283	4.6680
July	4.7114	4.5353	4.6202
August	4.6232	4.5328	4.5731
September	4.5646	4.4519	4.5218
October	4.5526	4.4361	4.4907
November	4.6162	4.4823	4.5214
December	4.6528	4.4480	4.5115