2023 CZK to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CZK to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CZK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 177.2910. Conversely, the yearly low was recorded on October 13, dropping to 159.5990.
This high-to-low spread represents a total annual volatility of 17.6920 UGX. From a start-to-finish perspective, comparing the January average rate of 166.2562 to the December average rate of 168.6415, the exchange rate registered a net change of 1.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 177.2910 was up 6.92% compared to the 2022 peak of 165.8133, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CZK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CZK to UGX Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 169.5882, compared to 166.1103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.4778 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 11.2206 UGX (High: 175.4403 / Low: 164.2198). On the other end, June was the most stable month, with a tight range of 3.5957 UGX (High: 171.5461 / Low: 167.9504).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 3.6081 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2023: 175.0688) against the same month in 2022 (average: 156.9508), the exchange rate shifted by +18.1180 (+11.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 169.2591 | 163.2202 | 166.2562 |
| February | 170.5492 | 164.4240 | 166.3192 |
| March | 175.4403 | 164.2198 | 168.9453 |
| April | 177.2910 | 173.0856 | 175.0688 |
| May | 175.3448 | 168.8515 | 171.4607 |
| June | 171.5461 | 167.9504 | 169.4788 |
| July | 173.2209 | 165.5366 | 169.4538 |
| August | 170.3477 | 162.5420 | 166.4755 |
| September | 166.3986 | 161.4603 | 163.7099 |
| October | 163.3368 | 159.5990 | 161.2955 |
| November | 172.5291 | 162.3307 | 167.0859 |
| December | 170.5548 | 166.5122 | 168.6415 |