2023 CZK to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 CZK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |