YEARLY HIGH
0.7701 CZK
YEARLY LOW
0.6570 CZK
YEARLY AVERAGE
0.7073 CZK

2024 TRY to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.7701. Conversely, the yearly low was recorded on September 24, dropping to 0.6570.

This high-to-low spread represents a total annual volatility of 0.1130 CZK. From a start-to-finish perspective, comparing the January average rate of 0.7530 to the December average rate of 0.6856, the exchange rate registered a net change of -8.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7701 was down 36.83% compared to the 2023 peak of 1.2191, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 38,504 CZK
2023 Average 47,985 CZK
Yearly Trough Low 32,852 CZK
Transaction Impact: A difference of 5,651.45 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7688
0.6536
JanuMarcMayJulySeptNove

TRY 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 0.7308, compared to 0.6839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0470 points.

H1 Avg (Jan–Jun) 0.7308
H2 Avg (Jul–Dec) 0.6839

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0501 CZK (High: 0.7074 / Low: 0.6573). On the other end, January was the most stable month, with a tight range of 0.0106 CZK (High: 0.7579 / Low: 0.7473).

August Spread (Volatile) ±0.0501
January Spread (Stable) ±0.0106

Growth Streaks & Declines

Trends

Between September and November, 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 February and March, when the average rate fell by 0.0332 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0332

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.7592) against the same month in 2023 (average: 1.1761), the exchange rate shifted by -0.4169 (-35.45%).

2024 Avg (February) 0.7592
2023 Avg (February) 1.1761

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7579 0.7473 0.7530
February 0.7701 0.7475 0.7592
March 0.7451 0.7113 0.7260
April 0.7355 0.7205 0.7285
May 0.7219 0.7044 0.7114
June 0.7138 0.6959 0.7068
July 0.7190 0.6979 0.7078
August 0.7074 0.6573 0.6778
September 0.6701 0.6570 0.6632
October 0.6837 0.6685 0.6777
November 0.7040 0.6750 0.6909
December 0.6925 0.6812 0.6856