YEARLY HIGH
2.6004 PHP
YEARLY LOW
2.3699 PHP
YEARLY AVERAGE
2.4676 PHP

2024 CZK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CZK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 2.6004. Conversely, the yearly low was recorded on February 19, dropping to 2.3699.

This high-to-low spread represents a total annual volatility of 0.2305 PHP. From a start-to-finish perspective, comparing the January average rate of 2.4698 to the December average rate of 2.4348, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6004 was down 1.31% compared to the 2023 peak of 2.6350, 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 13,002 PHP
2023 Average 12,534 PHP
Yearly Trough Low 11,850 PHP
Transaction Impact: A difference of 1,152.60 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5632
2.3802
JanuMarcMayJulySeptNove

CZK to PHP 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 2.4586, compared to 2.4766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0180 points.

H1 Avg (Jan–Jun) 2.4586
H2 Avg (Jul–Dec) 2.4766

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1196 PHP (High: 2.5717 / Low: 2.4521). On the other end, September was the most stable month, with a tight range of 0.0361 PHP (High: 2.5002 / Low: 2.4640).

May Spread (Volatile) ±0.1196
September Spread (Stable) ±0.0361

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0744 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0744

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 2.5480) against the same month in 2023 (average: 2.5533), the exchange rate shifted by -0.0053 (-0.21%).

2024 Avg (June) 2.5480
2023 Avg (June) 2.5533

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5081 2.4489 2.4698
February 2.4503 2.3699 2.3954
March 2.4314 2.3885 2.4020
April 2.4650 2.3769 2.4195
May 2.5717 2.4521 2.5171
June 2.6004 2.4996 2.5480
July 2.5237 2.4870 2.5095
August 2.5204 2.4735 2.4947
September 2.5002 2.4640 2.4802
October 2.5048 2.4378 2.4754
November 2.5206 2.4229 2.4649
December 2.4703 2.3917 2.4348