2023 CZK to TRY Historical Review

YEARLY HIGH

1.3241 TRY

YEARLY LOW

0.8203 TRY

YEARLY AVERAGE

1.0704 TRY

2023 CZK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.3241. Conversely, the yearly low was recorded on January 3, dropping to 0.8203.

This high-to-low spread represents a total annual volatility of 0.5039 TRY. From a start-to-finish perspective, comparing the January average rate of 0.8458 to the December average rate of 1.2978, the exchange rate registered a net change of 53.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3241 was up 59.93% compared to the 2022 peak of 0.8279, 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 6,621 TRY

2022 Average 3,540 TRY

Yearly Trough Low 4,101 TRY

Transaction Impact: A difference of 2,519.29 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3429

0.8006

JanuMarcMayJulySeptNove

CZK to TRY 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 0.9092, compared to 1.2316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3225 points.

H1 Avg (Jan–Jun) 0.9092

H2 Avg (Jul–Dec) 1.2316

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.2558 TRY (High: 1.2057 / Low: 0.9499). On the other end, September was the most stable month, with a tight range of 0.0285 TRY (High: 1.1967 / Low: 1.1681).

June Spread (Volatile) ±0.2558

September Spread (Stable) ±0.0285

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0349 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.2978) against the same month in 2022 (average: 0.8143), the exchange rate shifted by +0.4835 (+59.37%).

2023 Avg (December) 1.2978

2022 Avg (December) 0.8143

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8638	0.8203	0.8458
February	0.8710	0.8419	0.8503
March	0.8889	0.8357	0.8590
April	0.9195	0.8833	0.9048
May	0.9359	0.9001	0.9096
June	1.2057	0.9499	1.0854
July	1.2687	1.1828	1.2254
August	1.2397	1.1592	1.2175
September	1.1967	1.1681	1.1827
October	1.2222	1.1760	1.1987
November	1.3125	1.2153	1.2678
December	1.3241	1.2775	1.2978