YEARLY HIGH
8.9532 DOP
YEARLY LOW
8.2676 DOP
YEARLY AVERAGE
8.5344 DOP

2024 HRK to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 8.9532. Conversely, the yearly low was recorded on May 2, dropping to 8.2676.

This high-to-low spread represents a total annual volatility of 0.6857 DOP. From a start-to-finish perspective, comparing the January average rate of 8.4829 to the December average rate of 8.4351, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 8.9532 was up 5.14% compared to the 2023 peak of 8.5156, 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 44,766 DOP
2023 Average 40,191 DOP
Yearly Trough Low 41,338 DOP
Transaction Impact: A difference of 3,428.33 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

8.8929
8.3446
JanuMarcMayJulySeptNove

HRK to DOP 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 8.4433, compared to 8.6255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1822 points.

H1 Avg (Jan–Jun) 8.4433
H2 Avg (Jul–Dec) 8.6255

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.4414 DOP (High: 8.7730 / Low: 8.3316). On the other end, January was the most stable month, with a tight range of 0.1386 DOP (High: 8.5431 / Low: 8.4045).

November Spread (Volatile) ±0.4414
January Spread (Stable) ±0.1386

Growth Streaks & Declines

Trends

Between May and September, 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 0.2162 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 8.8472) against the same month in 2023 (average: 8.0409), the exchange rate shifted by +0.8062 (+10.03%).

2024 Avg (September) 8.8472
2023 Avg (September) 8.0409

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.5431 8.4045 8.4829
February 8.4864 8.3294 8.4084
March 8.5890 8.4269 8.5104
April 8.5419 8.2850 8.4061
May 8.5311 8.2676 8.3903
June 8.5814 8.3584 8.4616
July 8.5671 8.4218 8.5189
August 8.8872 8.5060 8.7193
September 8.9532 8.7480 8.8472
October 8.8737 8.6323 8.7245
November 8.7730 8.3316 8.5082
December 8.5050 8.3582 8.4351