YEARLY HIGH
24.7447 CZK
YEARLY LOW
23.2471 CZK
YEARLY AVERAGE
24.0147 CZK

2023 EUR to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 24.7447. Conversely, the yearly low was recorded on April 13, dropping to 23.2471.

This high-to-low spread represents a total annual volatility of 1.4976 CZK. From a start-to-finish perspective, comparing the January average rate of 23.9549 to the December average rate of 24.4946, the exchange rate registered a net change of 2.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 24.7447 was down 4.01% compared to the 2022 peak of 25.7791, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EUR based on timing:

Yearly Peak High 123,724 CZK
2022 Average 122,829 CZK
Yearly Trough Low 116,236 CZK
Transaction Impact: A difference of 7,487.97 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

24.6914
23.3852
JanuMarcMayJulySeptNove

EUR to CZK 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 23.7046, compared to 24.3248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6202 points.

H1 Avg (Jan–Jun) 23.7046
H2 Avg (Jul–Dec) 24.3248

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.8856 CZK (High: 24.2427 / Low: 23.3571). On the other end, June was the most stable month, with a tight range of 0.3001 CZK (High: 23.8459 / Low: 23.5458).

March Spread (Volatile) ±0.8856
June Spread (Stable) ±0.3001

Growth Streaks & Declines

Trends

Between April and October, 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 January and February, when the average rate fell by 0.2305 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.2305

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 24.4946) against the same month in 2022 (average: 24.2715), the exchange rate shifted by +0.2231 (+0.92%).

2023 Avg (December) 24.4946
2022 Avg (December) 24.2715

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.1610 23.7776 23.9549
February 23.8647 23.5080 23.7244
March 24.2427 23.3571 23.7040
April 23.7638 23.2471 23.4940
May 23.7950 23.3948 23.6476
June 23.8459 23.5458 23.7027
July 24.1364 23.7253 23.8928
August 24.2811 23.9540 24.1217
September 24.5905 24.1128 24.3887
October 24.6992 24.3764 24.5826
November 24.6755 24.2493 24.4684
December 24.7447 24.2815 24.4946