2023 HKD to CZK Historical Review

YEARLY HIGH

3.0031 CZK

YEARLY LOW

2.6796 CZK

YEARLY AVERAGE

2.8350 CZK

2023 HKD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 3.0031. Conversely, the yearly low was recorded on April 13, dropping to 2.6796.

This high-to-low spread represents a total annual volatility of 0.3235 CZK. From a start-to-finish perspective, comparing the January average rate of 2.8399 to the December average rate of 2.8715, the exchange rate registered a net change of 1.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0031 was down 8.34% compared to the 2022 peak of 3.2762, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 75,078 CZK

2022 Average 74,580 CZK

Yearly Trough Low 66,991 CZK

Transaction Impact: A difference of 8,086.98 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.9982

2.6988

JanuMarcMayJulySeptNove

HKD 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 2.7954, compared to 2.8746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0793 points.

H1 Avg (Jan–Jun) 2.7954

H2 Avg (Jul–Dec) 2.8746

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.1527 CZK (High: 2.9797 / Low: 2.8270). On the other end, October was the most stable month, with a tight range of 0.0567 CZK (High: 3.0031 / Low: 2.9464).

November Spread (Volatile) ±0.1527

October Spread (Stable) ±0.0567

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 0.0949 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0949

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.9733) against the same month in 2022 (average: 3.1772), the exchange rate shifted by -0.2040 (-6.42%).

2023 Avg (October) 2.9733

2022 Avg (October) 3.1772

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9261	2.7809	2.8399
February	2.8562	2.7560	2.8251
March	2.8957	2.7489	2.8187
April	2.7690	2.6796	2.7238
May	2.8322	2.7037	2.7738
June	2.8214	2.7530	2.7908
July	2.8075	2.7075	2.7641
August	2.8506	2.7920	2.8250
September	2.9631	2.8496	2.9170
October	3.0031	2.9464	2.9733
November	2.9797	2.8270	2.8969
December	2.9058	2.8459	2.8715