YEARLY HIGH
0.7235 CZK
YEARLY LOW
0.5549 CZK
YEARLY AVERAGE
0.6088 CZK

2023 SRD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.7235. Conversely, the yearly low was recorded on July 19, dropping to 0.5549.

This high-to-low spread represents a total annual volatility of 0.1687 CZK. From a start-to-finish perspective, comparing the January average rate of 0.6981 to the December average rate of 0.6002, the exchange rate registered a net change of -14.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7235 was down 37.39% compared to the 2022 peak of 1.1556, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,618 CZK
2022 Average 4,919 CZK
Yearly Trough Low 2,774 CZK
Transaction Impact: A difference of 843.36 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7110
0.5559
JanuMarcMayJulySeptNove

SRD 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 0.6262, compared to 0.5914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0348 points.

H1 Avg (Jan–Jun) 0.6262
H2 Avg (Jul–Dec) 0.5914

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0652 CZK (High: 0.6648 / Low: 0.5996). On the other end, October was the most stable month, with a tight range of 0.0130 CZK (High: 0.6151 / Low: 0.6021).

March Spread (Volatile) ±0.0652
October Spread (Stable) ±0.0130

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 0.0584 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0584

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6981) against the same month in 2022 (average: 1.0227), the exchange rate shifted by -0.3246 (-31.74%).

2023 Avg (January) 0.6981
2022 Avg (January) 1.0227

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7235 0.6744 0.6981
February 0.6895 0.6575 0.6759
March 0.6648 0.5996 0.6399
April 0.6022 0.5693 0.5815
May 0.5953 0.5640 0.5822
June 0.5923 0.5636 0.5798
July 0.5896 0.5549 0.5688
August 0.5852 0.5643 0.5777
September 0.6065 0.5796 0.5964
October 0.6151 0.6021 0.6099
November 0.6113 0.5813 0.5954
December 0.6091 0.5898 0.6002