2023 CZK to PEN Historical Review

YEARLY HIGH

0.1794 PEN

YEARLY LOW

0.1606 PEN

YEARLY AVERAGE

0.1686 PEN

2023 CZK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.1794. Conversely, the yearly low was recorded on September 14, dropping to 0.1606.

This high-to-low spread represents a total annual volatility of 0.0188 PEN. From a start-to-finish perspective, comparing the January average rate of 0.1722 to the December average rate of 0.1666, the exchange rate registered a net change of -3.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1794 was down 2.40% compared to the 2022 peak of 0.1838, 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 897 PEN

2022 Average 822 PEN

Yearly Trough Low 803 PEN

Transaction Impact: A difference of 93.95 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1770

0.1618

JanuMarcMayJulySeptNove

CZK to PEN 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 0.1714, compared to 0.1658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.1714

H2 Avg (Jul–Dec) 0.1658

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0121 PEN (High: 0.1785 / Low: 0.1664). On the other end, August was the most stable month, with a tight range of 0.0041 PEN (High: 0.1689 / Low: 0.1648).

January Spread (Volatile) ±0.0121

August Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0062 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1757) against the same month in 2022 (average: 0.1654), the exchange rate shifted by +0.0103 (+6.26%).

2023 Avg (April) 0.1757

2022 Avg (April) 0.1654

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1785	0.1664	0.1722
February	0.1780	0.1696	0.1731
March	0.1740	0.1661	0.1708
April	0.1794	0.1724	0.1757
May	0.1748	0.1656	0.1695
June	0.1691	0.1646	0.1668
July	0.1689	0.1644	0.1665
August	0.1689	0.1648	0.1670
September	0.1656	0.1606	0.1631
October	0.1681	0.1621	0.1650
November	0.1716	0.1633	0.1668
December	0.1702	0.1650	0.1666