YEARLY HIGH
13.8257 PKR
YEARLY LOW
9.9339 PKR
YEARLY AVERAGE
12.5993 PKR

2023 CZK to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 13.8257. Conversely, the yearly low was recorded on January 5, dropping to 9.9339.

This high-to-low spread represents a total annual volatility of 3.8918 PKR. From a start-to-finish perspective, comparing the January average rate of 10.5304 to the December average rate of 12.5767, the exchange rate registered a net change of 19.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.8257 was up 37.73% compared to the 2022 peak of 10.0380, 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 69,128 PKR
2022 Average 43,730 PKR
Yearly Trough Low 49,669 PKR
Transaction Impact: A difference of 19,459.02 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.5466
10.2562
JanuMarcMayJulySeptNove

CZK to PKR 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 12.4494, compared to 12.7491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2997 points.

H1 Avg (Jan–Jun) 12.4494
H2 Avg (Jul–Dec) 12.7491

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.2966 PKR (High: 12.2305 / Low: 9.9339). On the other end, June was the most stable month, with a tight range of 0.3292 PKR (High: 13.2834 / Low: 12.9542).

January Spread (Volatile) ±2.2966
June Spread (Stable) ±0.3292

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 September and October, when the average rate fell by 1.0300 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0300

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 13.2724) against the same month in 2022 (average: 9.1012), the exchange rate shifted by +4.1712 (+45.83%).

2023 Avg (August) 13.2724
2022 Avg (August) 9.1012

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.2305 9.9339 10.5304
February 12.4332 11.3715 11.9760
March 13.1470 11.9712 12.6650
April 13.5880 13.0379 13.2676
May 13.7023 12.8682 13.1454
June 13.2834 12.9542 13.1122
July 13.3047 12.5320 13.0329
August 13.8257 12.8751 13.2724
September 13.7060 12.4572 13.0387
October 12.5266 11.7967 12.0087
November 12.9660 12.0247 12.5652
December 12.7885 12.4303 12.5767