YEARLY HIGH
0.5456 AED
YEARLY LOW
0.5046 AED
YEARLY AVERAGE
0.5274 AED

2024 HRK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.5456. Conversely, the yearly low was recorded on December 18, dropping to 0.5046.

This high-to-low spread represents a total annual volatility of 0.0410 AED. From a start-to-finish perspective, comparing the January average rate of 0.5317 to the December average rate of 0.5105, the exchange rate registered a net change of -4.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5456 was down 0.41% compared to the 2023 peak of 0.5479, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,728 AED
2023 Average 2,636 AED
Yearly Trough Low 2,523 AED
Transaction Impact: A difference of 205.10 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5446
0.5074
JanuMarcMayJulySeptNove

HRK to AED 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 0.5269, compared to 0.5279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.5269
H2 Avg (Jul–Dec) 0.5279

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0250 AED (High: 0.5328 / Low: 0.5078). On the other end, March was the most stable month, with a tight range of 0.0079 AED (High: 0.5339 / Low: 0.5260).

November Spread (Volatile) ±0.0250
March Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0133 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.5373) against the same month in 2023 (average: 0.5317), the exchange rate shifted by +0.0056 (+1.05%).

2024 Avg (August) 0.5373
2023 Avg (August) 0.5317

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5380 0.5268 0.5317
February 0.5301 0.5220 0.5261
March 0.5339 0.5260 0.5297
April 0.5294 0.5177 0.5225
May 0.5308 0.5224 0.5270
June 0.5317 0.5207 0.5245
July 0.5333 0.5234 0.5290
August 0.5456 0.5259 0.5373
September 0.5455 0.5368 0.5415
October 0.5394 0.5256 0.5311
November 0.5328 0.5078 0.5179
December 0.5158 0.5046 0.5105