2024 BGN to CZK Historical Review

YEARLY HIGH

13.0292 CZK

YEARLY LOW

12.5429 CZK

YEARLY AVERAGE

12.8447 CZK

2024 BGN to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 13.0292. Conversely, the yearly low was recorded on January 8, dropping to 12.5429.

This high-to-low spread represents a total annual volatility of 0.4863 CZK. From a start-to-finish perspective, comparing the January average rate of 12.6377 to the December average rate of 12.8504, the exchange rate registered a net change of 1.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.0292 was up 2.98% compared to the 2023 peak of 12.6520, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,146 CZK

2023 Average 61,376 CZK

Yearly Trough Low 62,714 CZK

Transaction Impact: A difference of 2,431.50 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.9688

12.6076

JanuMarcMayJulySeptNove

BGN 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 12.7964, compared to 12.8930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0965 points.

H1 Avg (Jan–Jun) 12.7964

H2 Avg (Jul–Dec) 12.8930

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.3225 CZK (High: 13.0292 / Low: 12.7066). On the other end, October was the most stable month, with a tight range of 0.0875 CZK (High: 12.9739 / Low: 12.8864).

February Spread (Volatile) ±0.3225

October Spread (Stable) ±0.0875

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.2361 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2361

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 12.9071) against the same month in 2023 (average: 12.1257), the exchange rate shifted by +0.7813 (+6.44%).

2024 Avg (February) 12.9071

2023 Avg (February) 12.1257

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.7291	12.5429	12.6377
February	13.0292	12.7066	12.9071
March	13.0287	12.8550	12.9364
April	13.0053	12.8516	12.9272
May	12.8343	12.5977	12.6912
June	12.8065	12.5645	12.6792
July	13.0003	12.8496	12.9293
August	12.9646	12.7950	12.8715
September	12.9068	12.7743	12.8324
October	12.9739	12.8864	12.9353
November	13.0127	12.8902	12.9387
December	12.9630	12.7810	12.8504