2023 CZK to GMD Historical Review

YEARLY HIGH

3.0540 GMD

YEARLY LOW

2.6225 GMD

YEARLY AVERAGE

2.8066 GMD

2023 CZK to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 3.0540. Conversely, the yearly low was recorded on September 14, dropping to 2.6225.

This high-to-low spread represents a total annual volatility of 0.4316 GMD. From a start-to-finish perspective, comparing the January average rate of 2.7934 to the December average rate of 3.0036, the exchange rate registered a net change of 7.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0540 was up 11.26% compared to the 2022 peak of 2.7449, 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 15,270 GMD

2022 Average 11,875 GMD

Yearly Trough Low 13,112 GMD

Transaction Impact: A difference of 2,157.78 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0333

2.6765

JanuMarcMayJulySeptNove

CZK to GMD 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 2.7816, compared to 2.8316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0500 points.

H1 Avg (Jan–Jun) 2.7816

H2 Avg (Jul–Dec) 2.8316

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.2633 GMD (High: 3.0540 / Low: 2.7908). On the other end, August was the most stable month, with a tight range of 0.0521 GMD (High: 2.7744 / Low: 2.7224).

November Spread (Volatile) ±0.2633

August Spread (Stable) ±0.0521

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.1424 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1424

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2.9588) against the same month in 2022 (average: 2.5679), the exchange rate shifted by +0.3909 (+15.22%).

2023 Avg (November) 2.9588

2022 Avg (November) 2.5679

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8454	2.7147	2.7934
February	2.8512	2.7253	2.7563
March	2.8811	2.7060	2.7752
April	2.9614	2.8072	2.8929
May	2.8364	2.6858	2.7505
June	2.7656	2.6832	2.7213
July	2.8187	2.7154	2.7606
August	2.7744	2.7224	2.7402
September	2.8270	2.6225	2.7063
October	2.8445	2.7899	2.8202
November	3.0540	2.7908	2.9588
December	3.0347	2.9701	3.0036