YEARLY HIGH
0.2124 RON
YEARLY LOW
0.2010 RON
YEARLY AVERAGE
0.2061 RON

2023 CZK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.2124. Conversely, the yearly low was recorded on October 25, dropping to 0.2010.

This high-to-low spread represents a total annual volatility of 0.0114 RON. From a start-to-finish perspective, comparing the January average rate of 0.2057 to the December average rate of 0.2030, the exchange rate registered a net change of -1.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2124 was up 3.78% compared to the 2022 peak of 0.2047, 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 1,062 RON
2022 Average 1,004 RON
Yearly Trough Low 1,005 RON
Transaction Impact: A difference of 56.96 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2115
0.2012
JanuMarcMayJulySeptNove

CZK to RON 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 0.2084, compared to 0.2039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.2084
H2 Avg (Jul–Dec) 0.2039

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0064 RON (High: 0.2108 / Low: 0.2044). On the other end, May was the most stable month, with a tight range of 0.0020 RON (High: 0.2107 / Low: 0.2087).

March Spread (Volatile) ±0.0064
May Spread (Stable) ±0.0020

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 June and July, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.2107) against the same month in 2022 (average: 0.2023), the exchange rate shifted by +0.0084 (+4.13%).

2023 Avg (April) 0.2107
2022 Avg (April) 0.2023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2068 0.2040 0.2057
February 0.2096 0.2052 0.2069
March 0.2108 0.2044 0.2080
April 0.2124 0.2095 0.2107
May 0.2107 0.2087 0.2096
June 0.2108 0.2081 0.2093
July 0.2089 0.2038 0.2068
August 0.2059 0.2037 0.2049
September 0.2053 0.2023 0.2037
October 0.2039 0.2010 0.2021
November 0.2050 0.2014 0.2032
December 0.2049 0.2013 0.2030