YEARLY HIGH
129.3021 BIF
YEARLY LOW
119.0075 BIF
YEARLY AVERAGE
124.2465 BIF

2024 CZK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CZK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 129.3021. Conversely, the yearly low was recorded on November 22, dropping to 119.0075.

This high-to-low spread represents a total annual volatility of 10.2946 BIF. From a start-to-finish perspective, comparing the January average rate of 125.9357 to the December average rate of 122.8378, the exchange rate registered a net change of -2.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 129.3021 was down 3.42% compared to the 2023 peak of 133.8780, 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 646,511 BIF
2023 Average 573,614 BIF
Yearly Trough Low 595,037 BIF
Transaction Impact: A difference of 51,473.22 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

128.7467
120.8895
JanuMarcMayJulySeptNove

CZK to BIF 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 123.7569, compared to 124.7362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9793 points.

H1 Avg (Jan–Jun) 123.7569
H2 Avg (Jul–Dec) 124.7362

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 6.3766 BIF (High: 129.0603 / Low: 122.6837). On the other end, July was the most stable month, with a tight range of 2.0400 BIF (High: 124.6007 / Low: 122.5607).

August Spread (Volatile) ±6.3766
July Spread (Stable) ±2.0400

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 January and February, when the average rate fell by 3.6553 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.6553

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 128.0919) against the same month in 2023 (average: 124.1757), the exchange rate shifted by +3.9162 (+3.15%).

2024 Avg (September) 128.0919
2023 Avg (September) 124.1757

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 127.6784 124.1468 125.9357
February 125.0952 120.6531 122.2804
March 124.2439 121.4455 122.9139
April 122.5909 120.0613 121.5443
May 126.5957 122.4216 125.0201
June 127.3524 122.9978 124.8471
July 124.6007 122.5607 123.5469
August 129.0603 122.6837 126.1440
September 129.3021 126.8364 128.0919
October 127.4495 123.7998 125.1207
November 125.3796 119.0075 122.6758
December 124.5872 121.5097 122.8378