2024 EGP to HRK Historical Review

YEARLY HIGH

0.2277 HRK

YEARLY LOW

0.1380 HRK

YEARLY AVERAGE

0.1584 HRK

2024 EGP to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.2277. Conversely, the yearly low was recorded on August 25, dropping to 0.1380.

This high-to-low spread represents a total annual volatility of 0.0897 HRK. From a start-to-finish perspective, comparing the January average rate of 0.2236 to the December average rate of 0.1423, the exchange rate registered a net change of -36.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2277 was down 20.18% compared to the 2023 peak of 0.2853, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,138 HRK

2023 Average 1,137 HRK

Yearly Trough Low 690 HRK

Transaction Impact: A difference of 448.30 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2345

0.1312

JanuMarcMayJulySeptNove

EGP 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 0.1747, compared to 0.1420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0327 points.

H1 Avg (Jan–Jun) 0.1747

H2 Avg (Jul–Dec) 0.1420

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0858 HRK (High: 0.2252 / Low: 0.1394). On the other end, October was the most stable month, with a tight range of 0.0024 HRK (High: 0.1434 / Low: 0.1410).

March Spread (Volatile) ±0.0858

October Spread (Stable) ±0.0024

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 February and March, when the average rate fell by 0.0681 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0681

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.2259) against the same month in 2023 (average: 0.2312), the exchange rate shifted by -0.0053 (-2.30%).

2024 Avg (February) 0.2259

2023 Avg (February) 0.2312

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2256	0.2200	0.2236
February	0.2277	0.2240	0.2259
March	0.2252	0.1394	0.1578
April	0.1490	0.1456	0.1470
May	0.1488	0.1458	0.1474
June	0.1478	0.1453	0.1468
July	0.1456	0.1429	0.1441
August	0.1434	0.1380	0.1398
September	0.1414	0.1383	0.1400
October	0.1434	0.1410	0.1423
November	0.1465	0.1403	0.1437
December	0.1445	0.1410	0.1423