YEARLY HIGH
5.1980 HRK
YEARLY LOW
4.9675 HRK
YEARLY AVERAGE
5.0837 HRK

2024 CAD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 5.1980. Conversely, the yearly low was recorded on October 31, dropping to 4.9675.

This high-to-low spread represents a total annual volatility of 0.2306 HRK. From a start-to-finish perspective, comparing the January average rate of 5.1481 to the December average rate of 5.0456, the exchange rate registered a net change of -1.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 5.1980 was down 2.15% compared to the 2023 peak of 5.3122, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,990 HRK
2023 Average 25,803 HRK
Yearly Trough Low 24,837 HRK
Transaction Impact: A difference of 1,152.80 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5.1903
4.9852
JanuMarcMayJulySeptNove

CAD to HRK 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 5.1313, compared to 5.0360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0953 points.

H1 Avg (Jan–Jun) 5.1313
H2 Avg (Jul–Dec) 5.0360

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.2133 HRK (High: 5.1902 / Low: 4.9769). On the other end, April was the most stable month, with a tight range of 0.0585 HRK (High: 5.1694 / Low: 5.1110).

November Spread (Volatile) ±0.2133
April Spread (Stable) ±0.0585

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0604 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0604

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 5.1732) against the same month in 2023 (average: 5.2344), the exchange rate shifted by -0.0613 (-1.17%).

2024 Avg (February) 5.1732
2023 Avg (February) 5.2344

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.1906 5.1190 5.1481
February 5.1980 5.1199 5.1732
March 5.1673 5.0917 5.1206
April 5.1694 5.1110 5.1379
May 5.1378 5.0739 5.0990
June 5.1497 5.0610 5.1092
July 5.1252 5.0186 5.0627
August 5.0549 4.9714 5.0023
September 5.0563 4.9687 5.0065
October 5.0569 4.9675 5.0259
November 5.1902 4.9769 5.0732
December 5.1142 5.0113 5.0456