YEARLY HIGH
0.9947 DKK
YEARLY LOW
0.9841 DKK
YEARLY AVERAGE
0.9899 DKK

2024 HRK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.9947. Conversely, the yearly low was recorded on November 24, dropping to 0.9841.

This high-to-low spread represents a total annual volatility of 0.0106 DKK. From a start-to-finish perspective, comparing the January average rate of 0.9897 to the December average rate of 0.9899, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9947 was down 0.56% compared to the 2023 peak of 1.0003, 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 4,974 DKK
2023 Average 4,945 DKK
Yearly Trough Low 4,921 DKK
Transaction Impact: A difference of 53.02 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9904
0.9893
JanuMarcMayJulySeptNove

HRK to DKK 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 0.9898, compared to 0.9900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.9898
H2 Avg (Jul–Dec) 0.9900

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0106 DKK (High: 0.9947 / Low: 0.9841). On the other end, August was the most stable month, with a tight range of 0.0007 DKK (High: 0.9906 / Low: 0.9899).

November Spread (Volatile) ±0.0106
August Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.9896) against the same month in 2023 (average: 0.9898), the exchange rate shifted by -0.0001 (-0.01%).

2024 Avg (November) 0.9896
2023 Avg (November) 0.9898

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9900 0.9894 0.9897
February 0.9900 0.9892 0.9894
March 0.9900 0.9893 0.9897
April 0.9903 0.9893 0.9900
May 0.9907 0.9896 0.9901
June 0.9909 0.9895 0.9900
July 0.9906 0.9898 0.9902
August 0.9906 0.9899 0.9903
September 0.9905 0.9894 0.9901
October 0.9903 0.9890 0.9900
November 0.9947 0.9841 0.9896
December 0.9931 0.9877 0.9899