2024 HRK to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 HRK to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the HRK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 144.0236. Conversely, the yearly low was recorded on January 3, dropping to 117.5518.
This high-to-low spread represents a total annual volatility of 26.4718 ARS. From a start-to-finish perspective, comparing the January average rate of 118.3723 to the December average rate of 141.7358, the exchange rate registered a net change of 19.74% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 144.0236 was up 20.99% compared to the 2023 peak of 119.0397, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HRK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
HRK to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 123.3473, compared to 139.3667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.0195 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 7.3535 ARS (High: 140.7572 / Low: 133.4037). On the other end, January was the most stable month, with a tight range of 1.3004 ARS (High: 118.8522 / Low: 117.5518).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.7244 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 140.8818) against the same month in 2023 (average: 50.7257), the exchange rate shifted by +90.1562 (+177.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 118.8522 | 117.5518 | 118.3723 |
| February | 121.0844 | 118.1525 | 119.4871 |
| March | 123.8538 | 121.1302 | 122.6666 |
| April | 124.6915 | 122.2047 | 123.4627 |
| May | 128.7967 | 124.1416 | 127.0615 |
| June | 129.8835 | 128.1307 | 129.0332 |
| July | 134.0160 | 130.1631 | 132.7893 |
| August | 140.7572 | 133.4037 | 137.6071 |
| September | 143.4726 | 139.7380 | 141.5801 |
| October | 143.0600 | 140.8419 | 141.6062 |
| November | 144.0236 | 137.9931 | 140.8818 |
| December | 142.5689 | 140.4418 | 141.7358 |