2023 CZK to ILS Historical Review

YEARLY HIGH

0.1761 ILS

YEARLY LOW

0.1521 ILS

YEARLY AVERAGE

0.1660 ILS

2023 CZK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 0.1761. Conversely, the yearly low was recorded on January 18, dropping to 0.1521.

This high-to-low spread represents a total annual volatility of 0.0240 ILS. From a start-to-finish perspective, comparing the January average rate of 0.1551 to the December average rate of 0.1634, the exchange rate registered a net change of 5.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1761 was up 12.74% compared to the 2022 peak of 0.1562, 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 881 ILS

2022 Average 719 ILS

Yearly Trough Low 761 ILS

Transaction Impact: A difference of 120.06 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1726

0.1535

JanuMarcMayJulySeptNove

CZK to ILS 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 0.1640, compared to 0.1681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1640

H2 Avg (Jul–Dec) 0.1681

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0119 ILS (High: 0.1761 / Low: 0.1642). On the other end, July was the most stable month, with a tight range of 0.0043 ILS (High: 0.1719 / Low: 0.1675).

October Spread (Volatile) ±0.0119

July Spread (Stable) ±0.0043

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 November and December, when the average rate fell by 0.0048 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1710) against the same month in 2022 (average: 0.1420), the exchange rate shifted by +0.0290 (+20.42%).

2023 Avg (October) 0.1710

2022 Avg (October) 0.1420

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1577	0.1521	0.1551
February	0.1645	0.1552	0.1599
March	0.1663	0.1595	0.1634
April	0.1739	0.1656	0.1700
May	0.1719	0.1655	0.1689
June	0.1703	0.1611	0.1666
July	0.1719	0.1675	0.1697
August	0.1722	0.1656	0.1694
September	0.1705	0.1648	0.1671
October	0.1761	0.1642	0.1710
November	0.1728	0.1653	0.1682
December	0.1667	0.1609	0.1634