YEARLY HIGH
1117.6192 VND
YEARLY LOW
1027.1771 VND
YEARLY AVERAGE
1074.2126 VND

2023 CZK to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 1117.6192. Conversely, the yearly low was recorded on January 5, dropping to 1027.1771.

This high-to-low spread represents a total annual volatility of 90.4421 VND. From a start-to-finish perspective, comparing the January average rate of 1056.9615 to the December average rate of 1082.9414, the exchange rate registered a net change of 2.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1117.6192 was up 4.46% compared to the 2022 peak of 1069.8723, 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 5,588,096 VND
2022 Average 5,017,146 VND
Yearly Trough Low 5,135,886 VND
Transaction Impact: A difference of 452,210.51 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1102.3199
1047.7539
JanuMarcMayJulySeptNove

CZK to VND 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 1073.9937, compared to 1074.4315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4378 points.

H1 Avg (Jan–Jun) 1073.9937
H2 Avg (Jul–Dec) 1074.4315

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 50.7087 VND (High: 1088.0859 / Low: 1037.3771). On the other end, August was the most stable month, with a tight range of 22.8783 VND (High: 1094.8286 / Low: 1071.9503).

March Spread (Volatile) ±50.7087
August Spread (Stable) ±22.8783

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 18.9433 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -18.9433

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1095.0875) against the same month in 2022 (average: 969.1688), the exchange rate shifted by +125.9187 (+12.99%).

2023 Avg (July) 1095.0875
2022 Avg (July) 969.1688

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1076.9752 1027.1771 1056.9615
February 1085.3646 1055.7230 1066.7446
March 1088.0859 1037.3771 1067.0333
April 1114.6816 1079.5890 1097.7727
May 1105.0588 1059.2289 1079.7015
June 1091.0988 1062.2178 1075.7487
July 1117.6192 1080.3425 1095.0875
August 1094.8286 1071.9503 1079.5824
September 1077.5081 1050.3227 1060.6391
October 1066.2938 1040.7649 1052.3011
November 1099.9750 1055.0123 1076.0376
December 1095.5005 1069.4444 1082.9414