YEARLY HIGH
0.3511 CZK
YEARLY LOW
0.3151 CZK
YEARLY AVERAGE
0.3376 CZK

2024 GMD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.3511. Conversely, the yearly low was recorded on August 27, dropping to 0.3151.

This high-to-low spread represents a total annual volatility of 0.0360 CZK. From a start-to-finish perspective, comparing the January average rate of 0.3367 to the December average rate of 0.3342, the exchange rate registered a net change of -0.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3511 was down 7.92% compared to the 2023 peak of 0.3813, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GMD based on timing:

Yearly Peak High 1,756 CZK
2023 Average 1,784 CZK
Yearly Trough Low 1,576 CZK
Transaction Impact: A difference of 179.81 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3495
0.3226
JanuMarcMayJulySeptNove

GMD to CZK 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 0.3419, compared to 0.3332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.3419
H2 Avg (Jul–Dec) 0.3332

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0249 CZK (High: 0.3401 / Low: 0.3151). On the other end, March was the most stable month, with a tight range of 0.0061 CZK (High: 0.3455 / Low: 0.3394).

August Spread (Volatile) ±0.0249
March Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.0165 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.3473) against the same month in 2023 (average: 0.3457), the exchange rate shifted by +0.0015 (+0.44%).

2024 Avg (April) 0.3473
2023 Avg (April) 0.3457

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3407 0.3323 0.3367
February 0.3495 0.3391 0.3460
March 0.3455 0.3394 0.3426
April 0.3511 0.3435 0.3473
May 0.3458 0.3345 0.3388
June 0.3452 0.3326 0.3400
July 0.3464 0.3380 0.3435
August 0.3401 0.3151 0.3271
September 0.3299 0.3194 0.3248
October 0.3420 0.3277 0.3352
November 0.3426 0.3239 0.3347
December 0.3387 0.3302 0.3342