YEARLY HIGH
0.0642 CAD
YEARLY LOW
0.0582 CAD
YEARLY AVERAGE
0.0609 CAD

2023 CZK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 0.0642. Conversely, the yearly low was recorded on October 15, dropping to 0.0582.

This high-to-low spread represents a total annual volatility of 0.0060 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0604 to the December average rate of 0.0598, the exchange rate registered a net change of -1.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0642 was up 6.77% compared to the 2022 peak of 0.0601, 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 321 CAD
2022 Average 279 CAD
Yearly Trough Low 291 CAD
Transaction Impact: A difference of 30.21 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0637
0.0585
JanuMarcMayJulySeptNove

CZK to CAD 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 0.0616, compared to 0.0602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0616
H2 Avg (Jul–Dec) 0.0602

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0030 CAD (High: 0.0642 / Low: 0.0612). On the other end, June was the most stable month, with a tight range of 0.0009 CAD (High: 0.0612 / Low: 0.0602).

May Spread (Volatile) ±0.0030
June Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0622) against the same month in 2022 (average: 0.0549), the exchange rate shifted by +0.0074 (+13.48%).

2023 Avg (May) 0.0622
2022 Avg (May) 0.0549

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0615 0.0593 0.0604
February 0.0614 0.0601 0.0607
March 0.0629 0.0606 0.0619
April 0.0640 0.0621 0.0632
May 0.0642 0.0612 0.0622
June 0.0612 0.0602 0.0608
July 0.0625 0.0604 0.0612
August 0.0614 0.0604 0.0610
September 0.0608 0.0583 0.0593
October 0.0598 0.0582 0.0589
November 0.0616 0.0594 0.0606
December 0.0605 0.0592 0.0598