2024 HRK to BOB Historical Review

YEARLY HIGH

1.0267 BOB

YEARLY LOW

0.9493 BOB

YEARLY AVERAGE

0.9926 BOB

2024 HRK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 1.0267. Conversely, the yearly low was recorded on December 18, dropping to 0.9493.

This high-to-low spread represents a total annual volatility of 0.0775 BOB. From a start-to-finish perspective, comparing the January average rate of 1.0002 to the December average rate of 0.9603, the exchange rate registered a net change of -3.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0267 was down 0.35% compared to the 2023 peak of 1.0303, 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 5,134 BOB

2023 Average 4,959 BOB

Yearly Trough Low 4,746 BOB

Transaction Impact: A difference of 387.26 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0251

0.9545

JanuMarcMayJulySeptNove

HRK to BOB 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 0.9917, compared to 0.9935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.9917

H2 Avg (Jul–Dec) 0.9935

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0475 BOB (High: 1.0027 / Low: 0.9553). On the other end, February was the most stable month, with a tight range of 0.0155 BOB (High: 0.9977 / Low: 0.9822).

November Spread (Volatile) ±0.0475

February Spread (Stable) ±0.0155

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 0.0250 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 1.0101) against the same month in 2023 (average: 1.0003), the exchange rate shifted by +0.0098 (+0.98%).

2024 Avg (August) 1.0101

2023 Avg (August) 1.0003

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0151	0.9893	1.0002
February	0.9977	0.9822	0.9902
March	1.0079	0.9868	0.9965
April	0.9959	0.9741	0.9847
May	0.9986	0.9827	0.9915
June	0.9996	0.9781	0.9869
July	1.0028	0.9847	0.9950
August	1.0267	0.9885	1.0101
September	1.0266	1.0096	1.0193
October	1.0139	0.9885	1.0006
November	1.0027	0.9553	0.9756
December	0.9711	0.9493	0.9603