2024 HRK to CVE Historical Review

YEARLY HIGH

14.8507 CVE

YEARLY LOW

14.3853 CVE

YEARLY AVERAGE

14.6444 CVE

2024 HRK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 14.8507. Conversely, the yearly low was recorded on April 13, dropping to 14.3853.

This high-to-low spread represents a total annual volatility of 0.4655 CVE. From a start-to-finish perspective, comparing the January average rate of 14.6414 to the December average rate of 14.6256, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.8507 was down 1.55% compared to the 2023 peak of 15.0840, 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 74,254 CVE

2023 Average 73,266 CVE

Yearly Trough Low 71,926 CVE

Transaction Impact: A difference of 2,327.36 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.6808

14.6092

JanuMarcMayJulySeptNove

HRK to CVE 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 14.6432, compared to 14.6457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 14.6432

H2 Avg (Jul–Dec) 14.6457

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.3399 CVE (High: 14.7252 / Low: 14.3853). On the other end, October was the most stable month, with a tight range of 0.1194 CVE (High: 14.7031 / Low: 14.5837).

April Spread (Volatile) ±0.3399

October Spread (Stable) ±0.1194

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 March and April, when the average rate fell by 0.0311 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 14.6749) against the same month in 2023 (average: 14.6370), the exchange rate shifted by +0.0379 (+0.26%).

2024 Avg (August) 14.6749

2023 Avg (August) 14.6370

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.7335	14.5791	14.6414
February	14.7357	14.5414	14.6504
March	14.7830	14.5582	14.6463
April	14.7252	14.3853	14.6152
May	14.8027	14.5880	14.6594
June	14.7195	14.5657	14.6464
July	14.7475	14.5942	14.6468
August	14.8507	14.6129	14.6749
September	14.7334	14.6018	14.6524
October	14.7031	14.5837	14.6475
November	14.7500	14.4362	14.6271
December	14.7063	14.4318	14.6256