YEARLY HIGH
1.0582 CNY
YEARLY LOW
1.0010 CNY
YEARLY AVERAGE
1.0305 CNY

2024 HRK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 1.0582. Conversely, the yearly low was recorded on December 18, dropping to 1.0010.

This high-to-low spread represents a total annual volatility of 0.0571 CNY. From a start-to-finish perspective, comparing the January average rate of 1.0294 to the December average rate of 1.0120, the exchange rate registered a net change of -1.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0582 was down 1.55% compared to the 2023 peak of 1.0748, 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 5,291 CNY
2023 Average 5,078 CNY
Yearly Trough Low 5,005 CNY
Transaction Impact: A difference of 285.74 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0487
1.0086
JanuMarcMayJulySeptNove

HRK to CNY 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 1.0300, compared to 1.0311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 1.0300
H2 Avg (Jul–Dec) 1.0311

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0384 CNY (High: 1.0484 / Low: 1.0100). On the other end, September was the most stable month, with a tight range of 0.0104 CNY (High: 1.0478 / Low: 1.0373).

June Spread (Volatile) ±0.0384
September Spread (Stable) ±0.0104

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.0178 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 1.0454) against the same month in 2023 (average: 1.0480), the exchange rate shifted by -0.0027 (-0.26%).

2024 Avg (August) 1.0454
2023 Avg (August) 1.0480

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0445 1.0188 1.0294
February 1.0365 1.0148 1.0253
March 1.0454 1.0291 1.0379
April 1.0424 1.0045 1.0284
May 1.0441 1.0099 1.0284
June 1.0484 1.0100 1.0306
July 1.0542 1.0329 1.0451
August 1.0582 1.0339 1.0454
September 1.0478 1.0373 1.0430
October 1.0326 1.0197 1.0252
November 1.0304 1.0014 1.0159
December 1.0197 1.0010 1.0120