YEARLY HIGH
1.3493 CZK
YEARLY LOW
1.1556 CZK
YEARLY AVERAGE
1.2530 CZK

2023 MXN to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 1.3493. Conversely, the yearly low was recorded on January 1, dropping to 1.1556.

This high-to-low spread represents a total annual volatility of 0.1937 CZK. From a start-to-finish perspective, comparing the January average rate of 1.1710 to the December average rate of 1.3064, the exchange rate registered a net change of 11.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3493 was up 5.84% compared to the 2022 peak of 1.2749, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 67,465 CZK
2022 Average 58,130 CZK
Yearly Trough Low 57,780 CZK
Transaction Impact: A difference of 9,685.43 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3355
1.1561
JanuMarcMayJulySeptNove

MXN 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 1.2071, compared to 1.2990 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0918 points.

H1 Avg (Jan–Jun) 1.2071
H2 Avg (Jul–Dec) 1.2990

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0763 CZK (High: 1.2441 / Low: 1.1678). On the other end, June was the most stable month, with a tight range of 0.0287 CZK (High: 1.2822 / Low: 1.2535).

March Spread (Volatile) ±0.0763
June Spread (Stable) ±0.0287

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 September and October, when the average rate fell by 0.0341 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 1.3206) against the same month in 2022 (average: 1.2370), the exchange rate shifted by +0.0835 (+6.75%).

2023 Avg (September) 1.3206
2022 Avg (September) 1.2370

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1900 1.1556 1.1710
February 1.2193 1.1595 1.1923
March 1.2441 1.1678 1.2022
April 1.2045 1.1672 1.1834
May 1.2565 1.1817 1.2263
June 1.2822 1.2535 1.2675
July 1.3046 1.2568 1.2771
August 1.3343 1.2760 1.3017
September 1.3493 1.2866 1.3206
October 1.3253 1.2674 1.2865
November 1.3167 1.2784 1.3015
December 1.3188 1.2899 1.3064