2024 MAD to CZK Historical Review

YEARLY HIGH

2.4309 CZK

YEARLY LOW

2.2487 CZK

YEARLY AVERAGE

2.3366 CZK

2024 MAD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 2.4309. Conversely, the yearly low was recorded on January 10, dropping to 2.2487.

This high-to-low spread represents a total annual volatility of 0.1822 CZK. From a start-to-finish perspective, comparing the January average rate of 2.2769 to the December average rate of 2.3958, the exchange rate registered a net change of 5.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4309 was up 5.62% compared to the 2023 peak of 2.3015, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,155 CZK

2023 Average 10,965 CZK

Yearly Trough Low 11,243 CZK

Transaction Impact: A difference of 911.10 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4077

2.2650

JanuMarcMayJulySeptNove

MAD 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 2.3110, compared to 2.3623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0512 points.

H1 Avg (Jan–Jun) 2.3110

H2 Avg (Jul–Dec) 2.3623

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0850 CZK (High: 2.3540 / Low: 2.2690). On the other end, September was the most stable month, with a tight range of 0.0300 CZK (High: 2.3380 / Low: 2.3080).

June Spread (Volatile) ±0.0850

September Spread (Stable) ±0.0300

Growth Streaks & Declines

Trends

Between September and December, 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 0.0377 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0377

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.3958) against the same month in 2023 (average: 2.2334), the exchange rate shifted by +0.1624 (+7.27%).

2024 Avg (December) 2.3958

2023 Avg (December) 2.2334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3273	2.2487	2.2769
February	2.3538	2.2843	2.3255
March	2.3328	2.2948	2.3150
April	2.3748	2.3155	2.3358
May	2.3226	2.2736	2.2981
June	2.3540	2.2690	2.3149
July	2.3814	2.3401	2.3635
August	2.3728	2.3192	2.3417
September	2.3380	2.3080	2.3228
October	2.3790	2.3362	2.3575
November	2.4206	2.3597	2.3923
December	2.4309	2.3788	2.3958