2024 HRK to BAM Historical Review

YEARLY HIGH

0.2619 BAM

YEARLY LOW

0.2560 BAM

YEARLY AVERAGE

0.2595 BAM

2024 HRK to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.2619. Conversely, the yearly low was recorded on December 18, dropping to 0.2560.

This high-to-low spread represents a total annual volatility of 0.0059 BAM. From a start-to-finish perspective, comparing the January average rate of 0.2594 to the December average rate of 0.2594, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2619 was down 0.75% compared to the 2023 peak of 0.2638, 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 1,309 BAM

2023 Average 1,298 BAM

Yearly Trough Low 1,280 BAM

Transaction Impact: A difference of 29.36 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2599

0.2592

JanuMarcMayJulySeptNove

HRK to BAM 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 0.2595, compared to 0.2595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.2595

H2 Avg (Jul–Dec) 0.2595

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0049 BAM (High: 0.2609 / Low: 0.2560). On the other end, July was the most stable month, with a tight range of 0.0017 BAM (High: 0.2605 / Low: 0.2587).

December Spread (Volatile) ±0.0049

July Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.2595) against the same month in 2023 (average: 0.2596), the exchange rate shifted by -0.0001 (-0.03%).

2024 Avg (March) 0.2595

2023 Avg (March) 0.2596

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2602	0.2583	0.2594
February	0.2604	0.2573	0.2595
March	0.2619	0.2582	0.2595
April	0.2609	0.2568	0.2593
May	0.2613	0.2588	0.2597
June	0.2611	0.2575	0.2595
July	0.2605	0.2587	0.2596
August	0.2615	0.2588	0.2599
September	0.2611	0.2583	0.2595
October	0.2606	0.2587	0.2595
November	0.2607	0.2576	0.2593
December	0.2609	0.2560	0.2594