2024 CZK to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CZK to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CZK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 169.9742. Conversely, the yearly low was recorded on December 18, dropping to 149.9527.
This high-to-low spread represents a total annual volatility of 20.0215 UGX. From a start-to-finish perspective, comparing the January average rate of 167.8871 to the December average rate of 152.6813, the exchange rate registered a net change of -9.06% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 169.9742 was down 4.13% compared to the 2023 peak of 177.2910, 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 UGX 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 165.1068, compared to 158.5796 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.5272 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 9.9500 UGX (High: 168.5859 / Low: 158.6358). On the other end, July was the most stable month, with a tight range of 2.2453 UGX (High: 160.0972 / Low: 157.8519).
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 September and October, when the average rate fell by 6.1300 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 167.8871) against the same month in 2023 (average: 166.2562), the exchange rate shifted by +1.6310 (+0.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 169.9742 | 165.7616 | 167.8871 |
| February | 168.9233 | 163.3552 | 165.5600 |
| March | 168.8554 | 165.5256 | 167.3163 |
| April | 165.5352 | 159.2615 | 162.0245 |
| May | 167.9520 | 161.6597 | 164.9859 |
| June | 168.5859 | 158.6358 | 162.8667 |
| July | 160.0972 | 157.8519 | 158.9932 |
| August | 166.1074 | 159.0346 | 162.9272 |
| September | 165.5392 | 162.8944 | 164.2556 |
| October | 160.3716 | 156.2051 | 158.1256 |
| November | 158.5624 | 151.8538 | 154.4946 |
| December | 154.9682 | 149.9527 | 152.6813 |