2024 HRK to BGN Historical Review

YEARLY HIGH

0.2608 BGN

YEARLY LOW

0.2582 BGN

YEARLY AVERAGE

0.2595 BGN

2024 HRK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 0.2608. Conversely, the yearly low was recorded on March 23, dropping to 0.2582.

This high-to-low spread represents a total annual volatility of 0.0025 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2596 to the December average rate of 0.2595, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2608 was down 0.78% compared to the 2023 peak of 0.2628, 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 1,304 BGN

2023 Average 1,298 BGN

Yearly Trough Low 1,291 BGN

Transaction Impact: A difference of 12.75 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2596

0.2595

JanuMarcMayJulySeptNove

HRK to BGN 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 0.0000 points.

H1 Avg (Jan–Jun) 0.2595

H2 Avg (Jul–Dec) 0.2595

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0020 BGN (High: 0.2602 / Low: 0.2582). On the other end, August was the most stable month, with a tight range of 0.0006 BGN (High: 0.2599 / Low: 0.2592).

March Spread (Volatile) ±0.0020

August Spread (Stable) ±0.0006

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 October and November, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2596) against the same month in 2023 (average: 0.2595), the exchange rate shifted by +0.0000 (+0.01%).

2024 Avg (September) 0.2596

2023 Avg (September) 0.2595

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2598	0.2591	0.2596
February	0.2600	0.2593	0.2596
March	0.2602	0.2582	0.2595
April	0.2598	0.2584	0.2595
May	0.2607	0.2592	0.2596
June	0.2601	0.2588	0.2595
July	0.2599	0.2588	0.2596
August	0.2599	0.2592	0.2595
September	0.2608	0.2592	0.2596
October	0.2599	0.2591	0.2596
November	0.2601	0.2584	0.2595
December	0.2604	0.2586	0.2595