YEARLY HIGH
642.2505 COP
YEARLY LOW
538.8086 COP
YEARLY AVERAGE
584.5548 COP

2024 HRK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 642.2505. Conversely, the yearly low was recorded on April 13, dropping to 538.8086.

This high-to-low spread represents a total annual volatility of 103.4419 COP. From a start-to-finish perspective, comparing the January average rate of 567.4290 to the December average rate of 610.3555, the exchange rate registered a net change of 7.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 642.2505 was down 8.25% compared to the 2023 peak of 699.9843, 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 3,211,252 COP
2023 Average 3,101,933 COP
Yearly Trough Low 2,694,043 COP
Transaction Impact: A difference of 517,209.27 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

628.2901
542.7515
JanuMarcMayJulySeptNove

HRK to COP 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 562.6092, compared to 606.5004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 43.8912 points.

H1 Avg (Jan–Jun) 562.6092
H2 Avg (Jul–Dec) 606.5004

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 39.0902 COP (High: 594.5015 / Low: 555.4113). On the other end, May was the most stable month, with a tight range of 10.2603 COP (High: 558.8394 / Low: 548.5791).

June Spread (Volatile) ±39.0902
May Spread (Stable) ±10.2603

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 12.3392 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -12.3392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 621.1619) against the same month in 2023 (average: 578.7210), the exchange rate shifted by +42.4409 (+7.33%).

2024 Avg (November) 621.1619
2023 Avg (November) 578.7210

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 574.4932 562.1431 567.4290
February 570.8804 557.8093 562.6915
March 569.7910 552.5353 562.2189
April 563.1320 538.8086 549.8797
May 558.8394 548.5791 554.4782
June 594.5015 555.4113 578.9579
July 589.8665 571.0010 581.6663
August 605.1778 579.7626 593.3515
September 627.6544 606.1099 616.8479
October 637.3948 603.9580 615.6194
November 642.2505 603.6030 621.1619
December 623.6157 601.1230 610.3555