2024 CZK to ZAR Historical Review

YEARLY HIGH

0.8430 ZAR

YEARLY LOW

0.7400 ZAR

YEARLY AVERAGE

0.7897 ZAR

2024 CZK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CZK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.8430. Conversely, the yearly low was recorded on November 7, dropping to 0.7400.

This high-to-low spread represents a total annual volatility of 0.1030 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.8275 to the December average rate of 0.7601, the exchange rate registered a net change of -8.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8430 was down 6.14% compared to the 2023 peak of 0.8981, 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 4,215 ZAR

2023 Average 4,159 ZAR

Yearly Trough Low 3,700 ZAR

Transaction Impact: A difference of 515.00 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8349

0.7468

JanuMarcMayJulySeptNove

CZK to ZAR 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 0.8088, compared to 0.7705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0383 points.

H1 Avg (Jan–Jun) 0.8088

H2 Avg (Jul–Dec) 0.7705

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0708 ZAR (High: 0.8413 / Low: 0.7705). On the other end, October was the most stable month, with a tight range of 0.0111 ZAR (High: 0.7621 / Low: 0.7510).

June Spread (Volatile) ±0.0708

October Spread (Stable) ±0.0111

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0219 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0219

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.8275) against the same month in 2023 (average: 0.7691), the exchange rate shifted by +0.0584 (+7.60%).

2024 Avg (January) 0.8275

2023 Avg (January) 0.7691

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8430	0.8127	0.8275
February	0.8261	0.7999	0.8133
March	0.8171	0.8013	0.8101
April	0.8152	0.7883	0.8010
May	0.8260	0.7927	0.8020
June	0.8413	0.7705	0.7991
July	0.7949	0.7707	0.7823
August	0.8099	0.7796	0.7909
September	0.7906	0.7598	0.7787
October	0.7621	0.7510	0.7568
November	0.7729	0.7400	0.7541
December	0.7816	0.7414	0.7601