YEARLY HIGH
2.0636 MUR
YEARLY LOW
1.8254 MUR
YEARLY AVERAGE
1.9896 MUR

2024 CZK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CZK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 2.0636. Conversely, the yearly low was recorded on March 12, dropping to 1.8254.

This high-to-low spread represents a total annual volatility of 0.2382 MUR. From a start-to-finish perspective, comparing the January average rate of 1.9717 to the December average rate of 1.9520, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0636 was down 3.75% compared to the 2023 peak of 2.1441, 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 10,318 MUR
2023 Average 10,168 MUR
Yearly Trough Low 9,127 MUR
Transaction Impact: A difference of 1,191.05 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0442
1.9436
JanuMarcMayJulySeptNove

CZK to MUR 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 1.9843, compared to 1.9950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 1.9843
H2 Avg (Jul–Dec) 1.9950

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1741 MUR (High: 1.9995 / Low: 1.8254). On the other end, September was the most stable month, with a tight range of 0.0351 MUR (High: 2.0546 / Low: 2.0195).

March Spread (Volatile) ±0.1741
September Spread (Stable) ±0.0351

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.0445 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0445

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.0286) against the same month in 2023 (average: 2.0575), the exchange rate shifted by -0.0289 (-1.41%).

2024 Avg (August) 2.0286
2023 Avg (August) 2.0575

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0198 1.9349 1.9717
February 1.9963 1.9300 1.9606
March 1.9995 1.8254 1.9724
April 2.0051 1.9468 1.9704
May 2.0302 1.9792 2.0086
June 2.0472 2.0026 2.0221
July 2.0305 1.9825 2.0057
August 2.0636 1.9876 2.0286
September 2.0546 2.0195 2.0358
October 2.0200 1.9579 1.9914
November 1.9873 1.9157 1.9563
December 1.9755 1.9188 1.9520