YEARLY HIGH
0.0767 NZD
YEARLY LOW
0.0698 NZD
YEARLY AVERAGE
0.0734 NZD

2023 CZK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 26, valuing the pair at 0.0767. Conversely, the yearly low was recorded on January 6, dropping to 0.0698.

This high-to-low spread represents a total annual volatility of 0.0070 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0703 to the December average rate of 0.0716, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0767 was up 7.75% compared to the 2022 peak of 0.0712, 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 384 NZD
2022 Average 338 NZD
Yearly Trough Low 349 NZD
Transaction Impact: A difference of 34.89 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0761
0.0698
JanuMarcMayJulySeptNove

CZK to NZD 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 0.0732, compared to 0.0737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0732
H2 Avg (Jul–Dec) 0.0737

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0035 NZD (High: 0.0759 / Low: 0.0723). On the other end, January was the most stable month, with a tight range of 0.0011 NZD (High: 0.0709 / Low: 0.0698).

May Spread (Volatile) ±0.0035
January Spread (Stable) ±0.0011

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 0.0021 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0753) against the same month in 2022 (average: 0.0656), the exchange rate shifted by +0.0098 (+14.88%).

2023 Avg (April) 0.0753
2022 Avg (April) 0.0656

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0709 0.0698 0.0703
February 0.0728 0.0710 0.0718
March 0.0740 0.0709 0.0728
April 0.0767 0.0736 0.0753
May 0.0759 0.0723 0.0741
June 0.0759 0.0735 0.0746
July 0.0751 0.0738 0.0744
August 0.0765 0.0743 0.0755
September 0.0754 0.0722 0.0739
October 0.0741 0.0715 0.0729
November 0.0744 0.0727 0.0737
December 0.0724 0.0706 0.0716