2023 FJD to CZK Historical Review

YEARLY HIGH

10.3432 CZK

YEARLY LOW

9.4898 CZK

YEARLY AVERAGE

9.9548 CZK

2023 FJD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 10.3432. Conversely, the yearly low was recorded on April 24, dropping to 9.4898.

This high-to-low spread represents a total annual volatility of 0.8534 CZK. From a start-to-finish perspective, comparing the January average rate of 10.1960 to the December average rate of 10.1227, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.3432 was down 7.94% compared to the 2022 peak of 11.2356, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 51,716 CZK

2022 Average 53,348 CZK

Yearly Trough Low 47,449 CZK

Transaction Impact: A difference of 4,267.08 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.2522

9.6069

JanuMarcMayJulySeptNove

FJD 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 9.9211, compared to 9.9884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0672 points.

H1 Avg (Jan–Jun) 9.9211

H2 Avg (Jul–Dec) 9.9884

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.4229 CZK (High: 10.2043 / Low: 9.7815). On the other end, December was the most stable month, with a tight range of 0.1617 CZK (High: 10.1972 / Low: 10.0355).

March Spread (Volatile) ±0.4229

December Spread (Stable) ±0.1617

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.3137 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 10.1960) against the same month in 2022 (average: 10.1567), the exchange rate shifted by +0.0394 (+0.39%).

2023 Avg (January) 10.1960

2022 Avg (January) 10.1567

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.3432	10.0712	10.1960
February	10.1734	9.9726	10.1043
March	10.2043	9.7815	9.9744
April	9.8106	9.4898	9.6606
May	9.9215	9.5024	9.7703
June	9.9782	9.5959	9.8211
July	9.8759	9.5962	9.7422
August	9.9411	9.6197	9.8007
September	10.1983	9.8907	10.0573
October	10.2740	10.0381	10.1984
November	10.1835	9.8011	10.0090
December	10.1972	10.0355	10.1227