2023 CZK to SGD Historical Review

YEARLY HIGH

0.0629 SGD

YEARLY LOW

0.0583 SGD

YEARLY AVERAGE

0.0605 SGD

2023 CZK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0629. Conversely, the yearly low was recorded on October 14, dropping to 0.0583.

This high-to-low spread represents a total annual volatility of 0.0045 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0597 to the December average rate of 0.0594, the exchange rate registered a net change of -0.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0629 was down 0.89% compared to the 2022 peak of 0.0634, 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 314 SGD

2022 Average 295 SGD

Yearly Trough Low 292 SGD

Transaction Impact: A difference of 22.64 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0626

0.0585

JanuMarcMayJulySeptNove

CZK to SGD 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 0.0610, compared to 0.0601 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0610

H2 Avg (Jul–Dec) 0.0601

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0021 SGD (High: 0.0615 / Low: 0.0595). On the other end, December was the most stable month, with a tight range of 0.0008 SGD (High: 0.0598 / Low: 0.0590).

March Spread (Volatile) ±0.0021

December Spread (Stable) ±0.0008

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 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0623) against the same month in 2022 (average: 0.0604), the exchange rate shifted by +0.0019 (+3.06%).

2023 Avg (April) 0.0623

2022 Avg (April) 0.0604

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0603	0.0589	0.0597
February	0.0607	0.0597	0.0601
March	0.0615	0.0595	0.0606
April	0.0629	0.0614	0.0623
May	0.0626	0.0609	0.0616
June	0.0626	0.0607	0.0616
July	0.0625	0.0608	0.0618
August	0.0616	0.0606	0.0611
September	0.0606	0.0591	0.0597
October	0.0592	0.0583	0.0588
November	0.0604	0.0586	0.0596
December	0.0598	0.0590	0.0594