YEARLY HIGH
409.6355 GNF
YEARLY LOW
365.4974 GNF
YEARLY AVERAGE
388.5588 GNF

2023 CZK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 409.6355. Conversely, the yearly low was recorded on October 14, dropping to 365.4974.

This high-to-low spread represents a total annual volatility of 44.1380 GNF. From a start-to-finish perspective, comparing the January average rate of 390.2985 to the December average rate of 383.6041, the exchange rate registered a net change of -1.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 409.6355 was down 4.53% compared to the 2022 peak of 429.0914, 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 2,048,177 GNF
2022 Average 1,890,404 GNF
Yearly Trough Low 1,827,487 GNF
Transaction Impact: A difference of 220,690.12 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

405.5255
366.4022
JanuMarcMayJulySeptNove

CZK to GNF 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 394.0808, compared to 383.0367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.0441 points.

H1 Avg (Jan–Jun) 394.0808
H2 Avg (Jul–Dec) 383.0367

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 22.1990 GNF (High: 399.6212 / Low: 377.4221). On the other end, October was the most stable month, with a tight range of 7.8088 GNF (High: 373.3062 / Low: 365.4974).

March Spread (Volatile) ±22.1990
October Spread (Stable) ±7.8088

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 12.7068 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -12.7068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 402.2652) against the same month in 2022 (average: 393.7852), the exchange rate shifted by +8.4800 (+2.15%).

2023 Avg (April) 402.2652
2022 Avg (April) 393.7852

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 401.6468 380.1266 390.2985
February 399.0259 383.6872 389.9989
March 399.6212 377.4221 390.4585
April 409.6355 395.8750 402.2652
May 407.7931 388.5149 396.8404
June 399.8417 389.9559 394.6235
July 406.9656 392.4718 398.3761
August 396.3933 384.5205 389.4763
September 384.1947 371.8194 376.7695
October 373.3062 365.4974 369.6624
November 389.9009 369.5987 380.3319
December 386.9737 378.7773 383.6041