2023 MAD to CZK Historical Review

YEARLY HIGH

2.3015 CZK

YEARLY LOW

2.0782 CZK

YEARLY AVERAGE

2.1925 CZK

2023 MAD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MAD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 2.3015. Conversely, the yearly low was recorded on April 13, dropping to 2.0782.

This high-to-low spread represents a total annual volatility of 0.2233 CZK. From a start-to-finish perspective, comparing the January average rate of 2.1703 to the December average rate of 2.2334, the exchange rate registered a net change of 2.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3015 was down 4.80% compared to the 2022 peak of 2.4175, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,508 CZK

2022 Average 11,504 CZK

Yearly Trough Low 10,391 CZK

Transaction Impact: A difference of 1,116.56 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2803

2.0954

JanuMarcMayJulySeptNove

MAD 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 2.1502, compared to 2.2348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0846 points.

H1 Avg (Jan–Jun) 2.1502

H2 Avg (Jul–Dec) 2.2348

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.1039 CZK (High: 2.2841 / Low: 2.1802). On the other end, June was the most stable month, with a tight range of 0.0431 CZK (High: 2.2002 / Low: 2.1571).

August Spread (Volatile) ±0.1039

June Spread (Stable) ±0.0431

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0391 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0391

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.2649) against the same month in 2022 (average: 2.2762), the exchange rate shifted by -0.0113 (-0.50%).

2023 Avg (October) 2.2649

2022 Avg (October) 2.2762

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2032	2.1460	2.1703
February	2.1688	2.1236	2.1521
March	2.2032	2.1094	2.1421
April	2.1563	2.0782	2.1108
May	2.1821	2.1201	2.1507
June	2.2002	2.1571	2.1753
July	2.2663	2.1777	2.2190
August	2.2841	2.1802	2.2334
September	2.2721	2.1868	2.2323
October	2.3015	2.2304	2.2649
November	2.2632	2.1943	2.2258
December	2.2611	2.1955	2.2334