2023 CZK to XOF Historical Review

YEARLY HIGH

28.2167 XOF

YEARLY LOW

26.5090 XOF

YEARLY AVERAGE

27.3219 XOF

2023 CZK to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 28.2167. Conversely, the yearly low was recorded on December 30, dropping to 26.5090.

This high-to-low spread represents a total annual volatility of 1.7077 XOF. From a start-to-finish perspective, comparing the January average rate of 27.3835 to the December average rate of 26.7805, the exchange rate registered a net change of -2.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 28.2167 was up 4.05% compared to the 2022 peak of 27.1183, 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 141,084 XOF

2022 Average 133,523 XOF

Yearly Trough Low 132,545 XOF

Transaction Impact: A difference of 8,538.56 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

28.0446

26.5606

JanuMarcMayJulySeptNove

CZK to XOF 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 27.6738, compared to 26.9699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7040 points.

H1 Avg (Jan–Jun) 27.6738

H2 Avg (Jul–Dec) 26.9699

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.0259 XOF (High: 28.0838 / Low: 27.0579). On the other end, June was the most stable month, with a tight range of 0.3507 XOF (High: 27.8588 / Low: 27.5081).

March Spread (Volatile) ±1.0259

June Spread (Stable) ±0.3507

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 0.2972 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2972

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 27.9209) against the same month in 2022 (average: 26.8466), the exchange rate shifted by +1.0743 (+4.00%).

2023 Avg (April) 27.9209

2022 Avg (April) 26.8466

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.5871	27.1494	27.3835
February	27.9036	27.4866	27.6492
March	28.0838	27.0579	27.6752
April	28.2167	27.6032	27.9209
May	28.0386	27.5670	27.7396
June	27.8588	27.5081	27.6746
July	27.6480	27.1770	27.4548
August	27.3841	27.0152	27.1940
September	27.2037	26.6752	26.8968
October	26.9095	26.5578	26.6842
November	27.0505	26.5834	26.8089
December	27.0146	26.5090	26.7805