YEARLY HIGH
7.0419 JMD
YEARLY LOW
6.4185 JMD
YEARLY AVERAGE
6.7361 JMD

2024 CZK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CZK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 7.0419. Conversely, the yearly low was recorded on December 31, dropping to 6.4185.

This high-to-low spread represents a total annual volatility of 0.6234 JMD. From a start-to-finish perspective, comparing the January average rate of 6.8439 to the December average rate of 6.5186, the exchange rate registered a net change of -4.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 7.0419 was down 3.63% compared to the 2023 peak of 7.3068, 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 35,209 JMD
2023 Average 34,724 JMD
Yearly Trough Low 32,093 JMD
Transaction Impact: A difference of 3,116.90 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.9952
6.4752
JanuMarcMayJulySeptNove

CZK to JMD 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 6.7190, compared to 6.7533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0343 points.

H1 Avg (Jan–Jun) 6.7190
H2 Avg (Jul–Dec) 6.7533

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.3427 JMD (High: 7.0068 / Low: 6.6642). On the other end, July was the most stable month, with a tight range of 0.1285 JMD (High: 6.7692 / Low: 6.6407).

August Spread (Volatile) ±0.3427
July Spread (Stable) ±0.1285

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 October and November, when the average rate fell by 0.1654 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1654

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 6.9519) against the same month in 2023 (average: 6.7668), the exchange rate shifted by +0.1851 (+2.74%).

2024 Avg (September) 6.9519
2023 Avg (September) 6.7668

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.9249 6.7591 6.8439
February 6.8033 6.6070 6.6866
March 6.7146 6.5291 6.6412
April 6.6591 6.4940 6.5778
May 6.8854 6.6586 6.8078
June 6.8875 6.6655 6.7566
July 6.7692 6.6407 6.7106
August 7.0068 6.6642 6.8614
September 7.0419 6.8739 6.9519
October 6.8824 6.7438 6.8214
November 6.8279 6.5335 6.6560
December 6.6260 6.4185 6.5186