2023 ISK to CZK Historical Review

YEARLY HIGH

0.1709 CZK

YEARLY LOW

0.1514 CZK

YEARLY AVERAGE

0.1610 CZK

2023 ISK to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 12, valuing the pair at 0.1709. Conversely, the yearly low was recorded on January 25, dropping to 0.1514.

This high-to-low spread represents a total annual volatility of 0.0195 CZK. From a start-to-finish perspective, comparing the January average rate of 0.1554 to the December average rate of 0.1627, the exchange rate registered a net change of 4.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1709 was down 6.31% compared to the 2022 peak of 0.1824, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 854 CZK

2022 Average 864 CZK

Yearly Trough Low 757 CZK

Transaction Impact: A difference of 97.62 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1702

0.1536

JanuMarcMayJulySeptNove

ISK 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 0.1568, compared to 0.1653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.1568

H2 Avg (Jul–Dec) 0.1653

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0082 CZK (High: 0.1671 / Low: 0.1589). On the other end, April was the most stable month, with a tight range of 0.0020 CZK (High: 0.1577 / Low: 0.1557).

November Spread (Volatile) ±0.0082

April Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0062 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.1688) against the same month in 2022 (average: 0.1750), the exchange rate shifted by -0.0063 (-3.57%).

2023 Avg (September) 0.1688

2022 Avg (September) 0.1750

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1593	0.1514	0.1554
February	0.1571	0.1531	0.1550
March	0.1622	0.1541	0.1581
April	0.1577	0.1557	0.1566
May	0.1588	0.1548	0.1570
June	0.1605	0.1560	0.1586
July	0.1657	0.1590	0.1629
August	0.1698	0.1657	0.1677
September	0.1709	0.1676	0.1688
October	0.1691	0.1666	0.1679
November	0.1671	0.1589	0.1617
December	0.1646	0.1607	0.1627