2024 CZK to MVR Historical Review

YEARLY HIGH

0.6883 MVR

YEARLY LOW

0.6216 MVR

YEARLY AVERAGE

0.6635 MVR

2024 CZK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CZK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6883. Conversely, the yearly low was recorded on May 2, dropping to 0.6216.

This high-to-low spread represents a total annual volatility of 0.0667 MVR. From a start-to-finish perspective, comparing the January average rate of 0.6797 to the December average rate of 0.6421, the exchange rate registered a net change of -5.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6883 was down 5.74% compared to the 2023 peak of 0.7302, 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 3,442 MVR

2023 Average 3,465 MVR

Yearly Trough Low 3,108 MVR

Transaction Impact: A difference of 333.46 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6835

0.6384

JanuMarcMayJulySeptNove

CZK to MVR 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 0.6661, compared to 0.6609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.6661

H2 Avg (Jul–Dec) 0.6609

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0591 MVR (High: 0.6807 / Low: 0.6216). On the other end, September was the most stable month, with a tight range of 0.0112 MVR (High: 0.6852 / Low: 0.6740).

May Spread (Volatile) ±0.0591

September Spread (Stable) ±0.0112

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 0.0215 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0215

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6797) against the same month in 2023 (average: 0.6928), the exchange rate shifted by -0.0131 (-1.89%).

2024 Avg (January) 0.6797

2023 Avg (January) 0.6928

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6883	0.6708	0.6797
February	0.6738	0.6487	0.6583
March	0.6739	0.6585	0.6631
April	0.6622	0.6486	0.6555
May	0.6807	0.6216	0.6719
June	0.6831	0.6533	0.6682
July	0.6669	0.6532	0.6607
August	0.6863	0.6542	0.6735
September	0.6852	0.6740	0.6797
October	0.6721	0.6546	0.6613
November	0.6653	0.6355	0.6482
December	0.6500	0.6327	0.6421