YEARLY HIGH
16.9390 LKR
YEARLY LOW
13.1651 LKR
YEARLY AVERAGE
14.8120 LKR

2023 CZK to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 16.9390. Conversely, the yearly low was recorded on June 2, dropping to 13.1651.

This high-to-low spread represents a total annual volatility of 3.7739 LKR. From a start-to-finish perspective, comparing the January average rate of 16.4704 to the December average rate of 14.5707, the exchange rate registered a net change of -11.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.9390 was up 4.81% compared to the 2022 peak of 16.1614, 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 84,695 LKR
2022 Average 69,029 LKR
Yearly Trough Low 65,826 LKR
Transaction Impact: A difference of 18,869.59 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.7325
13.5869
JanuMarcMayJulySeptNove

CZK to LKR 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 15.2042, compared to 14.4199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7842 points.

H1 Avg (Jan–Jun) 15.2042
H2 Avg (Jul–Dec) 14.4199

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 1.8248 LKR (High: 15.0783 / Low: 13.2534). On the other end, December was the most stable month, with a tight range of 0.3122 LKR (High: 14.7230 / Low: 14.4109).

May Spread (Volatile) ±1.8248
December Spread (Stable) ±0.3122

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 1.3534 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.3534

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 16.4688) against the same month in 2022 (average: 9.3864), the exchange rate shifted by +7.0824 (+75.45%).

2023 Avg (February) 16.4688
2022 Avg (February) 9.3864

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.7722 15.9950 16.4704
February 16.9390 16.2709 16.4688
March 16.3506 14.5589 15.1154
April 15.3550 14.8104 15.0589
May 15.0783 13.2534 14.2625
June 14.5749 13.1651 13.8490
July 15.2578 14.0334 14.7816
August 14.7281 14.4000 14.5528
September 14.3451 13.9888 14.1509
October 14.1503 13.7909 13.9674
November 14.9428 14.0662 14.4962
December 14.7230 14.4109 14.5707