2023 MVR to CZK Historical Review

YEARLY HIGH

1.5281 CZK

YEARLY LOW

1.3694 CZK

YEARLY AVERAGE

1.4440 CZK

2023 MVR to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 1.5281. Conversely, the yearly low was recorded on April 13, dropping to 1.3694.

This high-to-low spread represents a total annual volatility of 0.1587 CZK. From a start-to-finish perspective, comparing the January average rate of 1.4435 to the December average rate of 1.4587, the exchange rate registered a net change of 1.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5281 was down 8.14% compared to the 2022 peak of 1.6635, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,641 CZK

2022 Average 7,574 CZK

Yearly Trough Low 6,847 CZK

Transaction Impact: A difference of 793.55 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.5240

1.3802

JanuMarcMayJulySeptNove

MVR 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 1.4266, compared to 1.4613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0347 points.

H1 Avg (Jan–Jun) 1.4266

H2 Avg (Jul–Dec) 1.4613

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0799 CZK (High: 1.5155 / Low: 1.4356). On the other end, October was the most stable month, with a tight range of 0.0300 CZK (High: 1.5281 / Low: 1.4981).

November Spread (Volatile) ±0.0799

October Spread (Stable) ±0.0300

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 0.0468 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.5120) against the same month in 2022 (average: 1.6155), the exchange rate shifted by -0.1035 (-6.40%).

2023 Avg (October) 1.5120

2022 Avg (October) 1.6155

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4837	1.4166	1.4435
February	1.4606	1.4066	1.4439
March	1.4748	1.4012	1.4390
April	1.4160	1.3694	1.3922
May	1.4497	1.3827	1.4166
June	1.4402	1.4063	1.4247
July	1.4272	1.3733	1.4054
August	1.4514	1.4167	1.4383
September	1.4999	1.4515	1.4815
October	1.5281	1.4981	1.5120
November	1.5155	1.4356	1.4720
December	1.4764	1.4427	1.4587