2023 JOD to CZK Historical Review

YEARLY HIGH

33.1103 CZK

YEARLY LOW

29.6552 CZK

YEARLY AVERAGE

31.2951 CZK

2023 JOD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 33.1103. Conversely, the yearly low was recorded on April 13, dropping to 29.6552.

This high-to-low spread represents a total annual volatility of 3.4552 CZK. From a start-to-finish perspective, comparing the January average rate of 31.3044 to the December average rate of 31.6098, the exchange rate registered a net change of 0.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 33.1103 was down 8.72% compared to the 2022 peak of 36.2736, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 165,552 CZK

2022 Average 164,745 CZK

Yearly Trough Low 148,276 CZK

Transaction Impact: A difference of 17,275.95 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

33.0616

29.8737

JanuMarcMayJulySeptNove

JOD 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 30.8876, compared to 31.7027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8151 points.

H1 Avg (Jan–Jun) 30.8876

H2 Avg (Jul–Dec) 31.7027

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.8069 CZK (High: 32.8572 / Low: 31.0503). On the other end, October was the most stable month, with a tight range of 0.5924 CZK (High: 33.1103 / Low: 32.5179).

November Spread (Volatile) ±1.8069

October Spread (Stable) ±0.5924

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 1.0425 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.0425

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 32.7959) against the same month in 2022 (average: 35.1734), the exchange rate shifted by -2.3775 (-6.76%).

2023 Avg (October) 32.7959

2022 Avg (October) 35.1734

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.2342	30.6970	31.3044
February	31.6039	30.4555	31.2469
March	32.0280	30.4185	31.1819
April	30.6399	29.6552	30.1394
May	31.2700	29.9140	30.6404
June	31.1673	30.3949	30.8127
July	30.9404	29.8252	30.4681
August	31.5706	30.7230	31.2288
September	32.6510	31.5669	32.2305
October	33.1103	32.5179	32.7959
November	32.8572	31.0503	31.8828
December	31.9935	31.3194	31.6098