YEARLY HIGH
143.2196 CLP
YEARLY LOW
127.7648 CLP
YEARLY AVERAGE
135.5175 CLP

2024 HRK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 143.2196. Conversely, the yearly low was recorded on January 3, dropping to 127.7648.

This high-to-low spread represents a total annual volatility of 15.4549 CLP. From a start-to-finish perspective, comparing the January average rate of 131.5716 to the December average rate of 136.6988, the exchange rate registered a net change of 3.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 143.2196 was up 7.87% compared to the 2023 peak of 132.7704, 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 716,098 CLP
2023 Average 603,047 CLP
Yearly Trough Low 638,824 CLP
Transaction Impact: A difference of 77,274.30 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

140.2763
130.7410
JanuMarcMayJulySeptNove

HRK to CLP 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 134.9443, compared to 136.0907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1464 points.

H1 Avg (Jan–Jun) 134.9443
H2 Avg (Jul–Dec) 136.0907

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 8.7233 CLP (High: 136.6586 / Low: 127.9353). On the other end, December was the most stable month, with a tight range of 1.6760 CLP (High: 137.4360 / Low: 135.7601).

May Spread (Volatile) ±8.7233
December Spread (Stable) ±1.6760

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 4.5292 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.5292

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 139.4817) against the same month in 2023 (average: 114.7417), the exchange rate shifted by +24.7401 (+21.56%).

2024 Avg (March) 139.4817
2023 Avg (March) 114.7417

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 133.8789 127.7648 131.5716
February 142.5849 134.8839 138.3989
March 143.2196 136.0368 139.4817
April 140.4400 134.1718 136.0648
May 136.6586 127.9353 131.5356
June 135.6769 130.4134 132.6133
July 137.3989 131.1373 134.6348
August 138.4226 133.6894 135.9185
September 139.1598 133.1589 136.5636
October 138.9064 132.7876 135.6388
November 138.9498 135.3568 137.0894
December 137.4360 135.7601 136.6988