YEARLY HIGH
0.0027 CZK
YEARLY LOW
0.0024 CZK
YEARLY AVERAGE
0.0026 CZK

2023 GNF to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.0027. Conversely, the yearly low was recorded on April 13, dropping to 0.0024.

This high-to-low spread represents a total annual volatility of 0.0003 CZK. From a start-to-finish perspective, comparing the January average rate of 0.0026 to the December average rate of 0.0026, the exchange rate registered a net change of 1.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0027 was down 7.63% compared to the 2022 peak of 0.0030, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14 CZK
2022 Average 13 CZK
Yearly Trough Low 12 CZK
Transaction Impact: A difference of 1.47 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0027
0.0025
JanuMarcMayJulySeptNove

GNF 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 0.0025, compared to 0.0026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0025
H2 Avg (Jul–Dec) 0.0026

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0001 CZK (High: 0.0026 / Low: 0.0025). On the other end, December was the most stable month, with a tight range of 0.0001 CZK (High: 0.0026 / Low: 0.0026).

March Spread (Volatile) ±0.0001
December Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0027) against the same month in 2022 (average: 0.0029), the exchange rate shifted by -0.0002 (-5.82%).

2023 Avg (October) 0.0027
2022 Avg (October) 0.0029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0026 0.0025 0.0026
February 0.0026 0.0025 0.0026
March 0.0026 0.0025 0.0026
April 0.0025 0.0024 0.0025
May 0.0026 0.0025 0.0025
June 0.0026 0.0025 0.0025
July 0.0025 0.0025 0.0025
August 0.0026 0.0025 0.0026
September 0.0027 0.0026 0.0027
October 0.0027 0.0027 0.0027
November 0.0027 0.0026 0.0026
December 0.0026 0.0026 0.0026