2023 CZK to DKK Historical Review

YEARLY HIGH

0.3205 DKK

YEARLY LOW

0.3017 DKK

YEARLY AVERAGE

0.3105 DKK

2023 CZK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.3205. Conversely, the yearly low was recorded on December 28, dropping to 0.3017.

This high-to-low spread represents a total annual volatility of 0.0188 DKK. From a start-to-finish perspective, comparing the January average rate of 0.3106 to the December average rate of 0.3045, the exchange rate registered a net change of -1.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3205 was up 4.11% compared to the 2022 peak of 0.3078, 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 1,602 DKK

2022 Average 1,515 DKK

Yearly Trough Low 1,509 DKK

Transaction Impact: A difference of 93.88 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3195

0.3021

JanuMarcMayJulySeptNove

CZK to DKK 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 0.3145, compared to 0.3066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.3145

H2 Avg (Jul–Dec) 0.3066

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0090 DKK (High: 0.3186 / Low: 0.3096). On the other end, April was the most stable month, with a tight range of 0.0037 DKK (High: 0.3205 / Low: 0.3168).

March Spread (Volatile) ±0.0090

April Spread (Stable) ±0.0037

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 0.0032 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.3180) against the same month in 2022 (average: 0.3044), the exchange rate shifted by +0.0136 (+4.46%).

2023 Avg (April) 0.3180

2022 Avg (April) 0.3044

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3129	0.3078	0.3106
February	0.3166	0.3118	0.3140
March	0.3186	0.3096	0.3144
April	0.3205	0.3168	0.3180
May	0.3186	0.3133	0.3155
June	0.3164	0.3125	0.3144
July	0.3139	0.3087	0.3119
August	0.3111	0.3069	0.3090
September	0.3094	0.3036	0.3059
October	0.3059	0.3020	0.3035
November	0.3074	0.3025	0.3049
December	0.3071	0.3017	0.3045