2023 TRY to CZK Historical Review

YEARLY HIGH

1.2191 CZK

YEARLY LOW

0.7552 CZK

YEARLY AVERAGE

0.9610 CZK

2023 TRY to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.2191. Conversely, the yearly low was recorded on December 28, dropping to 0.7552.

This high-to-low spread represents a total annual volatility of 0.4639 CZK. From a start-to-finish perspective, comparing the January average rate of 1.1825 to the December average rate of 0.7707, the exchange rate registered a net change of -34.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2191 was down 27.47% compared to the 2022 peak of 1.6808, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,955 CZK

2022 Average 71,157 CZK

Yearly Trough Low 37,761 CZK

Transaction Impact: A difference of 23,194.67 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2237

0.7295

JanuMarcMayJulySeptNove

TRY 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 1.1090, compared to 0.8129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2961 points.

H1 Avg (Jan–Jun) 1.1090

H2 Avg (Jul–Dec) 0.8129

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.2233 CZK (High: 1.0528 / Low: 0.8294). On the other end, September was the most stable month, with a tight range of 0.0204 CZK (High: 0.8561 / Low: 0.8357).

June Spread (Volatile) ±0.2233

September Spread (Stable) ±0.0204

Growth Streaks & Declines

Trends

Between July and September, 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 May and June, when the average rate fell by 0.1732 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1732

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.1825) against the same month in 2022 (average: 1.5992), the exchange rate shifted by -0.4167 (-26.06%).

2023 Avg (January) 1.1825

2022 Avg (January) 1.5992

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2191	1.1577	1.1825
February	1.1878	1.1480	1.1761
March	1.1967	1.1250	1.1644
April	1.1321	1.0876	1.1053
May	1.1110	1.0685	1.0995
June	1.0528	0.8294	0.9263
July	0.8455	0.7882	0.8164
August	0.8627	0.8066	0.8216
September	0.8561	0.8357	0.8456
October	0.8504	0.8182	0.8343
November	0.8228	0.7619	0.7891
December	0.7828	0.7552	0.7707