2024 CZK to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CZK to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CZK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 385.7775. Conversely, the yearly low was recorded on November 23, dropping to 354.2470.
This high-to-low spread represents a total annual volatility of 31.5305 GNF. From a start-to-finish perspective, comparing the January average rate of 379.3426 to the December average rate of 359.6645, the exchange rate registered a net change of -5.19% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 385.7775 was down 5.82% compared to the 2023 peak of 409.6355, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CZK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CZK to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 371.4328, compared to 370.5464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8863 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 18.6192 GNF (High: 385.7775 / Low: 367.1583). On the other end, July was the most stable month, with a tight range of 6.2036 GNF (High: 372.9990 / Low: 366.7953).
Growth Streaks & Declines
TrendsBetween 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 11.5126 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 377.3756) against the same month in 2023 (average: 389.4763), the exchange rate shifted by -12.1007 (-3.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 385.3995 | 373.9437 | 379.3426 |
| February | 376.7294 | 363.3771 | 367.8300 |
| March | 372.9160 | 364.8121 | 369.2069 |
| April | 367.8125 | 360.1575 | 364.3974 |
| May | 378.9704 | 366.8513 | 374.3507 |
| June | 381.3739 | 367.7448 | 373.4689 |
| July | 372.9990 | 366.7953 | 369.4603 |
| August | 385.7775 | 367.1583 | 377.3756 |
| September | 385.5210 | 379.2446 | 382.4451 |
| October | 379.5609 | 367.5975 | 372.0327 |
| November | 372.4975 | 354.2470 | 362.3004 |
| December | 363.9853 | 355.1286 | 359.6645 |