YEARLY HIGH
0.0606 CAD
YEARLY LOW
0.0571 CAD
YEARLY AVERAGE
0.0590 CAD

2024 CZK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CZK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.0606. Conversely, the yearly low was recorded on February 19, dropping to 0.0571.

This high-to-low spread represents a total annual volatility of 0.0035 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0592 to the December average rate of 0.0594, the exchange rate registered a net change of 0.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0606 was down 5.55% compared to the 2023 peak of 0.0642, 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 303 CAD
2023 Average 304 CAD
Yearly Trough Low 285 CAD
Transaction Impact: A difference of 17.66 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0602
0.0575
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 0.0587, compared to 0.0593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0587
H2 Avg (Jul–Dec) 0.0593

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0021 CAD (High: 0.0597 / Low: 0.0576). On the other end, April was the most stable month, with a tight range of 0.0008 CAD (High: 0.0584 / Low: 0.0576).

November Spread (Volatile) ±0.0021
April Spread (Stable) ±0.0008

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 0.0015 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0595) against the same month in 2023 (average: 0.0608), the exchange rate shifted by -0.0013 (-2.14%).

2024 Avg (June) 0.0595
2023 Avg (June) 0.0608

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0598 0.0585 0.0592
February 0.0586 0.0571 0.0577
March 0.0586 0.0578 0.0582
April 0.0584 0.0576 0.0580
May 0.0603 0.0586 0.0595
June 0.0606 0.0586 0.0595
July 0.0593 0.0581 0.0589
August 0.0604 0.0592 0.0598
September 0.0605 0.0595 0.0600
October 0.0599 0.0588 0.0593
November 0.0597 0.0576 0.0587
December 0.0599 0.0584 0.0594