YEARLY HIGH
0.0695 HRK
YEARLY LOW
0.0673 HRK
YEARLY AVERAGE
0.0683 HRK

2024 CVE to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 0.0695. Conversely, the yearly low was recorded on August 3, dropping to 0.0673.

This high-to-low spread represents a total annual volatility of 0.0022 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0683 to the December average rate of 0.0684, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0695 was up 0.47% compared to the 2023 peak of 0.0692, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 348 HRK
2023 Average 341 HRK
Yearly Trough Low 337 HRK
Transaction Impact: A difference of 10.89 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0685
0.0681
JanuMarcMayJulySeptNove

CVE 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 0.0683, compared to 0.0683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0683
H2 Avg (Jul–Dec) 0.0683

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0016 HRK (High: 0.0695 / Low: 0.0679). On the other end, October was the most stable month, with a tight range of 0.0006 HRK (High: 0.0686 / Low: 0.0680).

April Spread (Volatile) ±0.0016
October Spread (Stable) ±0.0006

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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0684) against the same month in 2023 (average: 0.0683), the exchange rate shifted by +0.0002 (+0.23%).

2024 Avg (April) 0.0684
2023 Avg (April) 0.0683

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0686 0.0679 0.0683
February 0.0688 0.0679 0.0683
March 0.0687 0.0676 0.0683
April 0.0695 0.0679 0.0684
May 0.0685 0.0676 0.0682
June 0.0687 0.0679 0.0683
July 0.0685 0.0678 0.0683
August 0.0684 0.0673 0.0681
September 0.0685 0.0679 0.0682
October 0.0686 0.0680 0.0683
November 0.0693 0.0678 0.0684
December 0.0693 0.0680 0.0684