2024 CZK to SGD Historical Review

YEARLY HIGH

0.0597 SGD

YEARLY LOW

0.0554 SGD

YEARLY AVERAGE

0.0576 SGD

2024 CZK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CZK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.0597. Conversely, the yearly low was recorded on November 22, dropping to 0.0554.

This high-to-low spread represents a total annual volatility of 0.0043 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0590 to the December average rate of 0.0563, the exchange rate registered a net change of -4.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0597 was down 5.05% compared to the 2023 peak of 0.0629, 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 298 SGD

2023 Average 303 SGD

Yearly Trough Low 277 SGD

Transaction Impact: A difference of 21.66 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0592

0.0558

JanuMarcMayJulySeptNove

CZK to SGD 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 0.0582, compared to 0.0569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0582

H2 Avg (Jul–Dec) 0.0569

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0016 SGD (High: 0.0597 / Low: 0.0580). On the other end, October was the most stable month, with a tight range of 0.0004 SGD (High: 0.0567 / Low: 0.0563).

June Spread (Volatile) ±0.0016

October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0014 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0587) against the same month in 2023 (average: 0.0616), the exchange rate shifted by -0.0029 (-4.70%).

2024 Avg (June) 0.0587

2023 Avg (June) 0.0616

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0595	0.0583	0.0590
February	0.0585	0.0569	0.0575
March	0.0581	0.0574	0.0576
April	0.0580	0.0571	0.0576
May	0.0595	0.0580	0.0588
June	0.0597	0.0580	0.0587
July	0.0582	0.0569	0.0578
August	0.0582	0.0570	0.0576
September	0.0578	0.0567	0.0573
October	0.0567	0.0563	0.0564
November	0.0567	0.0554	0.0561
December	0.0567	0.0559	0.0563