2024 GIP to CZK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 GIP to CZK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the GIP to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 30.5915. Conversely, the yearly low was recorded on January 2, dropping to 28.4637.
This high-to-low spread represents a total annual volatility of 2.1278 CZK. From a start-to-finish perspective, comparing the January average rate of 28.7952 to the December average rate of 30.3184, the exchange rate registered a net change of 5.29% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 30.5915 was up 6.93% compared to the 2023 peak of 28.6087, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GIP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
GIP to CZK 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 29.2824, compared to 30.0646 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7822 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 0.7453 CZK (High: 29.5850 / Low: 28.8397). On the other end, March was the most stable month, with a tight range of 0.3734 CZK (High: 29.7798 / Low: 29.4063).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.4847 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 30.3579) against the same month in 2023 (average: 28.1007), the exchange rate shifted by +2.2572 (+8.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.1578 | 28.4637 | 28.7952 |
| February | 29.7920 | 29.1055 | 29.5427 |
| March | 29.7798 | 29.4063 | 29.5771 |
| April | 29.6935 | 29.3033 | 29.4933 |
| May | 29.3692 | 28.8078 | 29.0086 |
| June | 29.5850 | 28.8397 | 29.2772 |
| July | 30.2372 | 29.6284 | 29.9887 |
| August | 29.8654 | 29.2875 | 29.5650 |
| September | 30.2961 | 29.6454 | 29.8688 |
| October | 30.4912 | 30.0015 | 30.2889 |
| November | 30.5915 | 30.1840 | 30.3579 |
| December | 30.5075 | 30.0596 | 30.3184 |