YEARLY HIGH
0.9990 HRK
YEARLY LOW
0.9450 HRK
YEARLY AVERAGE
0.9705 HRK

2024 CNY to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.9990. Conversely, the yearly low was recorded on August 24, dropping to 0.9450.

This high-to-low spread represents a total annual volatility of 0.0540 HRK. From a start-to-finish perspective, comparing the January average rate of 0.9715 to the December average rate of 0.9882, the exchange rate registered a net change of 1.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9990 was down 3.99% compared to the 2023 peak of 1.0405, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 24,975 HRK
2023 Average 24,636 HRK
Yearly Trough Low 23,626 HRK
Transaction Impact: A difference of 1,348.79 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9913
0.9535
JanuMarcMayJulySeptNove

CNY 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 0.9709, compared to 0.9701 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.9709
H2 Avg (Jul–Dec) 0.9701

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0363 HRK (High: 0.9901 / Low: 0.9538). On the other end, September was the most stable month, with a tight range of 0.0096 HRK (High: 0.9640 / Low: 0.9544).

June Spread (Volatile) ±0.0363
September Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 0.0136 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.9882) against the same month in 2023 (average: 0.9694), the exchange rate shifted by +0.0188 (+1.94%).

2024 Avg (December) 0.9882
2023 Avg (December) 0.9694

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9816 0.9574 0.9715
February 0.9854 0.9648 0.9753
March 0.9717 0.9566 0.9635
April 0.9955 0.9593 0.9724
May 0.9902 0.9578 0.9725
June 0.9901 0.9538 0.9704
July 0.9681 0.9486 0.9568
August 0.9672 0.9450 0.9567
September 0.9640 0.9544 0.9588
October 0.9807 0.9685 0.9755
November 0.9986 0.9705 0.9844
December 0.9990 0.9807 0.9882