2024 GMD to HRK Historical Review

YEARLY HIGH

0.1045 HRK

YEARLY LOW

0.0949 HRK

YEARLY AVERAGE

0.1013 HRK

2024 GMD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.1045. Conversely, the yearly low was recorded on August 27, dropping to 0.0949.

This high-to-low spread represents a total annual volatility of 0.0096 HRK. From a start-to-finish perspective, comparing the January average rate of 0.1027 to the December average rate of 0.1002, the exchange rate registered a net change of -2.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1045 was down 11.70% compared to the 2023 peak of 0.1184, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 523 HRK

2023 Average 560 HRK

Yearly Trough Low 475 HRK

Transaction Impact: A difference of 48.04 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1041

0.0969

JanuMarcMayJulySeptNove

GMD 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 0.1029, compared to 0.0996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.1029

H2 Avg (Jul–Dec) 0.0996

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0063 HRK (High: 0.1012 / Low: 0.0949). On the other end, March was the most stable month, with a tight range of 0.0016 HRK (High: 0.1028 / Low: 0.1013).

August Spread (Volatile) ±0.0063

March Spread (Stable) ±0.0016

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 0.0045 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1035) against the same month in 2023 (average: 0.1112), the exchange rate shifted by -0.0076 (-6.87%).

2024 Avg (April) 0.1035

2023 Avg (April) 0.1112

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1034	0.1014	0.1027
February	0.1041	0.1023	0.1033
March	0.1028	0.1013	0.1021
April	0.1045	0.1021	0.1035
May	0.1038	0.1021	0.1028
June	0.1041	0.1020	0.1033
July	0.1036	0.1002	0.1024
August	0.1012	0.0949	0.0979
September	0.0989	0.0958	0.0975
October	0.1017	0.0974	0.0998
November	0.1019	0.0964	0.0997
December	0.1012	0.0991	0.1002