2023 CZK to SAR Historical Review

YEARLY HIGH

0.1783 SAR

YEARLY LOW

0.1597 SAR

YEARLY AVERAGE

0.1691 SAR

2023 CZK to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.1783. Conversely, the yearly low was recorded on October 13, dropping to 0.1597.

This high-to-low spread represents a total annual volatility of 0.0187 SAR. From a start-to-finish perspective, comparing the January average rate of 0.1692 to the December average rate of 0.1673, the exchange rate registered a net change of -1.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1783 was up 0.69% compared to the 2022 peak of 0.1771, 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 892 SAR

2022 Average 805 SAR

Yearly Trough Low 798 SAR

Transaction Impact: A difference of 93.33 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1769

0.1598

JanuMarcMayJulySeptNove

CZK to SAR 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 0.1713, compared to 0.1670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.1713

H2 Avg (Jul–Dec) 0.1670

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0093 SAR (High: 0.1702 / Low: 0.1609). On the other end, October was the most stable month, with a tight range of 0.0030 SAR (High: 0.1626 / Low: 0.1597).

November Spread (Volatile) ±0.0093

October Spread (Stable) ±0.0030

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 August and September, when the average rate fell by 0.0054 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1755) against the same month in 2022 (average: 0.1660), the exchange rate shifted by +0.0094 (+5.69%).

2023 Avg (April) 0.1755

2022 Avg (April) 0.1660

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1724	0.1644	0.1692
February	0.1737	0.1672	0.1692
March	0.1739	0.1652	0.1697
April	0.1783	0.1727	0.1755
May	0.1767	0.1691	0.1726
June	0.1739	0.1697	0.1716
July	0.1774	0.1708	0.1736
August	0.1724	0.1678	0.1697
September	0.1678	0.1618	0.1642
October	0.1626	0.1597	0.1612
November	0.1702	0.1609	0.1659
December	0.1688	0.1653	0.1673