2024 HRK to BWP Historical Review

YEARLY HIGH

2.0202 BWP

YEARLY LOW

1.8756 BWP

YEARLY AVERAGE

1.9467 BWP

2024 HRK to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 2.0202. Conversely, the yearly low was recorded on December 18, dropping to 1.8756.

This high-to-low spread represents a total annual volatility of 0.1446 BWP. From a start-to-finish perspective, comparing the January average rate of 1.9660 to the December average rate of 1.9062, the exchange rate registered a net change of -3.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0202 was up 2.01% compared to the 2023 peak of 1.9803, 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 10,101 BWP

2023 Average 9,586 BWP

Yearly Trough Low 9,378 BWP

Transaction Impact: A difference of 722.83 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.9768

1.8997

JanuMarcMayJulySeptNove

HRK to BWP 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 1.9591, compared to 1.9343 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0248 points.

H1 Avg (Jan–Jun) 1.9591

H2 Avg (Jul–Dec) 1.9343

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0802 BWP (High: 2.0202 / Low: 1.9400). On the other end, March was the most stable month, with a tight range of 0.0296 BWP (High: 1.9887 / Low: 1.9590).

May Spread (Volatile) ±0.0802

March Spread (Stable) ±0.0296

Growth Streaks & Declines

Trends

Between June and August, 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 September and October, when the average rate fell by 0.0273 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0273

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 1.9519) against the same month in 2023 (average: 1.9414), the exchange rate shifted by +0.0105 (+0.54%).

2024 Avg (May) 1.9519

2023 Avg (May) 1.9414

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9799	1.9408	1.9660
February	1.9859	1.9390	1.9637
March	1.9887	1.9590	1.9703
April	2.0102	1.9341	1.9564
May	2.0202	1.9400	1.9519
June	1.9882	1.9100	1.9462
July	1.9624	1.9232	1.9512
August	1.9854	1.9383	1.9621
September	1.9717	1.9242	1.9523
October	1.9390	1.9088	1.9251
November	1.9295	1.8878	1.9089
December	1.9275	1.8756	1.9062