2024 ETB to HRK Historical Review

YEARLY HIGH

0.1248 HRK

YEARLY LOW

0.0562 HRK

YEARLY AVERAGE

0.0960 HRK

2024 ETB to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.1248. Conversely, the yearly low was recorded on December 7, dropping to 0.0562.

This high-to-low spread represents a total annual volatility of 0.0686 HRK. From a start-to-finish perspective, comparing the January average rate of 0.1224 to the December average rate of 0.0568, the exchange rate registered a net change of -53.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1248 was down 6.51% compared to the 2023 peak of 0.1335, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 624 HRK

2023 Average 636 HRK

Yearly Trough Low 281 HRK

Transaction Impact: A difference of 343.03 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1302

0.0502

JanuMarcMayJulySeptNove

ETB 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 0.1225, compared to 0.0696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0528 points.

H1 Avg (Jan–Jun) 0.1225

H2 Avg (Jul–Dec) 0.0696

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0299 HRK (High: 0.1222 / Low: 0.0923). On the other end, December was the most stable month, with a tight range of 0.0020 HRK (High: 0.0582 / Low: 0.0562).

July Spread (Volatile) ±0.0299

December Spread (Stable) ±0.0020

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 July and August, when the average rate fell by 0.0521 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0521

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1235) against the same month in 2023 (average: 0.1269), the exchange rate shifted by -0.0034 (-2.66%).

2024 Avg (April) 0.1235

2023 Avg (April) 0.1269

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1240	0.1209	0.1224
February	0.1247	0.1223	0.1233
March	0.1238	0.1212	0.1222
April	0.1248	0.1219	0.1235
May	0.1229	0.1205	0.1216
June	0.1234	0.1203	0.1218
July	0.1222	0.0923	0.1195
August	0.0886	0.0598	0.0673
September	0.0618	0.0563	0.0588
October	0.0585	0.0564	0.0575
November	0.0591	0.0564	0.0579
December	0.0582	0.0562	0.0568