YEARLY HIGH
78.3321 CRC
YEARLY LOW
69.1453 CRC
YEARLY AVERAGE
74.0417 CRC

2024 HRK to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 78.3321. Conversely, the yearly low was recorded on December 18, dropping to 69.1453.

This high-to-low spread represents a total annual volatility of 9.1868 CRC. From a start-to-finish perspective, comparing the January average rate of 74.8431 to the December average rate of 70.3011, the exchange rate registered a net change of -6.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 78.3321 was down 6.84% compared to the 2023 peak of 84.0797, 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 391,661 CRC
2023 Average 388,707 CRC
Yearly Trough Low 345,727 CRC
Transaction Impact: A difference of 45,934.02 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

77.3940
69.6563
JanuMarcMayJulySeptNove

HRK to CRC 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 73.7301, compared to 74.3532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6231 points.

H1 Avg (Jan–Jun) 73.7301
H2 Avg (Jul–Dec) 74.3532

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 3.7752 CRC (High: 74.1915 / Low: 70.4163). On the other end, February was the most stable month, with a tight range of 0.9790 CRC (High: 74.4192 / Low: 73.4401).

November Spread (Volatile) ±3.7752
February Spread (Stable) ±0.9790

Growth Streaks & Declines

Trends

Between April and August, 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 October and November, when the average rate fell by 2.6758 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.6758

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 76.7492) against the same month in 2023 (average: 77.9152), the exchange rate shifted by -1.1660 (-1.50%).

2024 Avg (August) 76.7492
2023 Avg (August) 77.9152

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 76.3234 73.4267 74.8431
February 74.4192 73.4401 73.8787
March 74.3298 71.9566 73.3422
April 73.2570 70.5671 71.7157
May 74.9894 72.5701 73.5549
June 76.5299 74.0243 75.0460
July 76.8757 74.7747 75.8414
August 78.3321 74.7721 76.7492
September 77.3847 75.8228 76.5860
October 76.0608 73.7122 74.6588
November 74.1915 70.4163 71.9830
December 71.2447 69.1453 70.3011