YEARLY HIGH
0.0337 JOD
YEARLY LOW
0.0302 JOD
YEARLY AVERAGE
0.0320 JOD

2023 CZK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0337. Conversely, the yearly low was recorded on October 14, dropping to 0.0302.

This high-to-low spread represents a total annual volatility of 0.0035 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0319 to the December average rate of 0.0316, the exchange rate registered a net change of -0.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0337 was up 0.76% compared to the 2022 peak of 0.0335, 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 169 JOD
2022 Average 152 JOD
Yearly Trough Low 151 JOD
Transaction Impact: A difference of 17.59 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0334
0.0302
JanuMarcMayJulySeptNove

CZK to JOD 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 0.0324, compared to 0.0316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0324
H2 Avg (Jul–Dec) 0.0316

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0018 JOD (High: 0.0322 / Low: 0.0304). On the other end, October was the most stable month, with a tight range of 0.0006 JOD (High: 0.0308 / Low: 0.0302).

November Spread (Volatile) ±0.0018
October Spread (Stable) ±0.0006

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 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0332) against the same month in 2022 (average: 0.0314), the exchange rate shifted by +0.0018 (+5.72%).

2023 Avg (April) 0.0332
2022 Avg (April) 0.0314

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0326 0.0310 0.0319
February 0.0328 0.0316 0.0320
March 0.0329 0.0312 0.0321
April 0.0337 0.0326 0.0332
May 0.0334 0.0320 0.0326
June 0.0329 0.0321 0.0325
July 0.0335 0.0323 0.0328
August 0.0325 0.0317 0.0320
September 0.0317 0.0306 0.0310
October 0.0308 0.0302 0.0305
November 0.0322 0.0304 0.0314
December 0.0319 0.0313 0.0316