YEARLY HIGH
0.3732 HKD
YEARLY LOW
0.3330 HKD
YEARLY AVERAGE
0.3530 HKD

2023 CZK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.3732. Conversely, the yearly low was recorded on October 14, dropping to 0.3330.

This high-to-low spread represents a total annual volatility of 0.0402 HKD. From a start-to-finish perspective, comparing the January average rate of 0.3522 to the December average rate of 0.3483, the exchange rate registered a net change of -1.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3732 was up 1.46% compared to the 2022 peak of 0.3678, 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 1,866 HKD
2022 Average 1,680 HKD
Yearly Trough Low 1,665 HKD
Transaction Impact: A difference of 200.99 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3702
0.3333
JanuMarcMayJulySeptNove

CZK to HKD 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 0.3579, compared to 0.3481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0098 points.

H1 Avg (Jan–Jun) 0.3579
H2 Avg (Jul–Dec) 0.3481

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0184 HKD (High: 0.3638 / Low: 0.3453). On the other end, October was the most stable month, with a tight range of 0.0064 HKD (High: 0.3394 / Low: 0.3330).

March Spread (Volatile) ±0.0184
October Spread (Stable) ±0.0064

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 0.0111 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.3672) against the same month in 2022 (average: 0.3471), the exchange rate shifted by +0.0201 (+5.79%).

2023 Avg (April) 0.3672
2022 Avg (April) 0.3471

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3596 0.3417 0.3522
February 0.3628 0.3501 0.3540
March 0.3638 0.3453 0.3548
April 0.3732 0.3611 0.3672
May 0.3699 0.3531 0.3606
June 0.3632 0.3544 0.3583
July 0.3694 0.3562 0.3618
August 0.3582 0.3508 0.3540
September 0.3509 0.3375 0.3429
October 0.3394 0.3330 0.3363
November 0.3537 0.3356 0.3453
December 0.3514 0.3441 0.3483