YEARLY HIGH
2.6350 PHP
YEARLY LOW
2.4163 PHP
YEARLY AVERAGE
2.5067 PHP

2023 CZK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 2.6350. Conversely, the yearly low was recorded on March 16, dropping to 2.4163.

This high-to-low spread represents a total annual volatility of 0.2188 PHP. From a start-to-finish perspective, comparing the January average rate of 2.4738 to the December average rate of 2.4759, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6350 was up 6.80% compared to the 2022 peak of 2.4672, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,175 PHP
2022 Average 11,669 PHP
Yearly Trough Low 12,081 PHP
Transaction Impact: A difference of 1,093.91 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5989
2.4260
JanuMarcMayJulySeptNove

CZK to PHP 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 2.5210, compared to 2.4925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0285 points.

H1 Avg (Jan–Jun) 2.5210
H2 Avg (Jul–Dec) 2.4925

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.1380 PHP (High: 2.6350 / Low: 2.4971). On the other end, October was the most stable month, with a tight range of 0.0447 PHP (High: 2.4627 / Low: 2.4179).

April Spread (Volatile) ±0.1380
October Spread (Stable) ±0.0447

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0598 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0598

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 2.5845) against the same month in 2022 (average: 2.3025), the exchange rate shifted by +0.2820 (+12.25%).

2023 Avg (April) 2.5845
2022 Avg (April) 2.3025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5063 2.4461 2.4738
February 2.5059 2.4360 2.4744
March 2.5169 2.4163 2.4741
April 2.6350 2.4971 2.5845
May 2.6136 2.5285 2.5659
June 2.5748 2.5299 2.5533
July 2.5730 2.4980 2.5412
August 2.5785 2.5095 2.5466
September 2.5408 2.4525 2.4868
October 2.4627 2.4179 2.4405
November 2.5172 2.4316 2.4640
December 2.5068 2.4491 2.4759