2023 CZK to ZAR Historical Review

YEARLY HIGH

0.8981 ZAR

YEARLY LOW

0.7459 ZAR

YEARLY AVERAGE

0.8316 ZAR

2023 CZK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.8981. Conversely, the yearly low was recorded on January 3, dropping to 0.7459.

This high-to-low spread represents a total annual volatility of 0.1523 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.7691 to the December average rate of 0.8293, the exchange rate registered a net change of 7.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8981 was up 16.29% compared to the 2022 peak of 0.7723, 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 4,491 ZAR

2022 Average 3,504 ZAR

Yearly Trough Low 3,729 ZAR

Transaction Impact: A difference of 761.44 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8895

0.7582

JanuMarcMayJulySeptNove

CZK to ZAR 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 0.8315, compared to 0.8317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.8315

H2 Avg (Jul–Dec) 0.8317

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0739 ZAR (High: 0.8796 / Low: 0.8058). On the other end, December was the most stable month, with a tight range of 0.0277 ZAR (High: 0.8437 / Low: 0.8161).

July Spread (Volatile) ±0.0739

December Spread (Stable) ±0.0277

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0214 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0214

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.8786) against the same month in 2022 (average: 0.6787), the exchange rate shifted by +0.1998 (+29.44%).

2023 Avg (May) 0.8786

2022 Avg (May) 0.6787

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7943	0.7459	0.7691
February	0.8264	0.7849	0.8085
March	0.8398	0.8109	0.8259
April	0.8683	0.8202	0.8497
May	0.8981	0.8550	0.8786
June	0.8919	0.8340	0.8572
July	0.8796	0.8058	0.8431
August	0.8663	0.8328	0.8495
September	0.8552	0.8168	0.8305
October	0.8421	0.8029	0.8181
November	0.8478	0.7934	0.8199
December	0.8437	0.8161	0.8293