YEARLY HIGH
2.7861 CZK
YEARLY LOW
2.5278 CZK
YEARLY AVERAGE
2.6596 CZK

2023 SBD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 2.7861. Conversely, the yearly low was recorded on July 17, dropping to 2.5278.

This high-to-low spread represents a total annual volatility of 0.2582 CZK. From a start-to-finish perspective, comparing the January average rate of 2.6871 to the December average rate of 2.6515, the exchange rate registered a net change of -1.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7861 was down 11.56% compared to the 2022 peak of 3.1504, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,930 CZK
2022 Average 14,352 CZK
Yearly Trough Low 12,639 CZK
Transaction Impact: A difference of 1,291.14 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7770
2.5603
JanuMarcMayJulySeptNove

SBD 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 2.6466, compared to 2.6726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0260 points.

H1 Avg (Jan–Jun) 2.6466
H2 Avg (Jul–Dec) 2.6726

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.1685 CZK (High: 2.7687 / Low: 2.6001). On the other end, October was the most stable month, with a tight range of 0.0577 CZK (High: 2.7861 / Low: 2.7283).

November Spread (Volatile) ±0.1685
October Spread (Stable) ±0.0577

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 0.1100 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.7589) against the same month in 2022 (average: 3.0537), the exchange rate shifted by -0.2947 (-9.65%).

2023 Avg (October) 2.7589
2022 Avg (October) 3.0537

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7664 2.6399 2.6871
February 2.7191 2.6205 2.6925
March 2.7647 2.6211 2.6884
April 2.6403 2.5385 2.5784
May 2.6613 2.5538 2.6107
June 2.6519 2.5897 2.6223
July 2.6162 2.5278 2.5830
August 2.6706 2.6003 2.6420
September 2.7691 2.6707 2.7191
October 2.7861 2.7283 2.7589
November 2.7687 2.6001 2.6808
December 2.6842 2.6215 2.6515