2023 CZK to ETB Historical Review

YEARLY HIGH

2.6012 ETB

YEARLY LOW

2.3466 ETB

YEARLY AVERAGE

2.4674 ETB

2023 CZK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 2.6012. Conversely, the yearly low was recorded on January 5, dropping to 2.3466.

This high-to-low spread represents a total annual volatility of 0.2545 ETB. From a start-to-finish perspective, comparing the January average rate of 2.4156 to the December average rate of 2.5044, the exchange rate registered a net change of 3.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6012 was up 9.42% compared to the 2022 peak of 2.3771, 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 13,006 ETB

2022 Average 11,133 ETB

Yearly Trough Low 11,733 ETB

Transaction Impact: A difference of 1,272.74 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5524

2.3754

JanuMarcMayJulySeptNove

CZK to ETB 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 2.4669, compared to 2.4678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 2.4669

H2 Avg (Jul–Dec) 2.4678

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1386 ETB (High: 2.4983 / Low: 2.3597). On the other end, October was the most stable month, with a tight range of 0.0493 ETB (High: 2.4148 / Low: 2.3655).

March Spread (Volatile) ±0.1386

October Spread (Stable) ±0.0493

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 0.0734 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0734

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.5377) against the same month in 2022 (average: 2.1668), the exchange rate shifted by +0.3709 (+17.12%).

2023 Avg (July) 2.5377

2022 Avg (July) 2.1668

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4622	2.3466	2.4156
February	2.4839	2.3976	2.4229
March	2.4983	2.3597	2.4300
April	2.5808	2.4766	2.5340
May	2.5618	2.4504	2.5018
June	2.5423	2.4615	2.4971
July	2.6012	2.4996	2.5377
August	2.5265	2.4612	2.4913
September	2.4722	2.3872	2.4179
October	2.4148	2.3655	2.3902
November	2.5258	2.3888	2.4655
December	2.5386	2.4629	2.5044