YEARLY HIGH
167.2974 MNT
YEARLY LOW
146.8391 MNT
YEARLY AVERAGE
156.0939 MNT

2023 CZK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 167.2974. Conversely, the yearly low was recorded on October 14, dropping to 146.8391.

This high-to-low spread represents a total annual volatility of 20.4582 MNT. From a start-to-finish perspective, comparing the January average rate of 153.4379 to the December average rate of 153.8518, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 167.2974 was up 10.83% compared to the 2022 peak of 150.9557, 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 836,487 MNT
2022 Average 668,826 MNT
Yearly Trough Low 734,196 MNT
Transaction Impact: A difference of 102,291.22 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

166.2287
146.6545
JanuMarcMayJulySeptNove

CZK to MNT 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 158.1387, compared to 154.0492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.0894 points.

H1 Avg (Jan–Jun) 158.1387
H2 Avg (Jul–Dec) 154.0492

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 12.6666 MNT (High: 162.5742 / Low: 149.9076). On the other end, October was the most stable month, with a tight range of 2.7005 MNT (High: 149.5397 / Low: 146.8391).

March Spread (Volatile) ±12.6666
October Spread (Stable) ±2.7005

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 July and August, when the average rate fell by 6.4253 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.4253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 164.5975) against the same month in 2022 (average: 131.8309), the exchange rate shifted by +32.7666 (+24.86%).

2023 Avg (April) 164.5975
2022 Avg (April) 131.8309

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 156.4737 149.0120 153.4379
February 157.6926 151.9623 153.6927
March 162.5742 149.9076 154.1877
April 167.2974 161.8975 164.5975
May 165.8029 158.6579 161.9176
June 163.1799 159.1803 160.9984
July 166.3437 158.4568 162.4675
August 158.5398 154.3486 156.0422
September 154.3452 148.8628 151.0658
October 149.5397 146.8391 148.2857
November 156.5591 148.0121 152.5825
December 155.2794 152.0293 153.8518