2024 HRK to GNF Historical Review

YEARLY HIGH

1283.4677 GNF

YEARLY LOW

1186.9845 GNF

YEARLY AVERAGE

1236.6152 GNF

2024 HRK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 1283.4677. Conversely, the yearly low was recorded on December 18, dropping to 1186.9845.

This high-to-low spread represents a total annual volatility of 96.4832 GNF. From a start-to-finish perspective, comparing the January average rate of 1244.2872 to the December average rate of 1199.4800, the exchange rate registered a net change of -3.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1283.4677 was down 0.10% compared to the 2023 peak of 1284.7689, 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 6,417,338 GNF

2023 Average 6,186,655 GNF

Yearly Trough Low 5,934,923 GNF

Transaction Impact: A difference of 482,415.83 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1281.3325

1192.0388

JanuMarcMayJulySeptNove

HRK to GNF 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 1233.3490, compared to 1239.8814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.5325 points.

H1 Avg (Jan–Jun) 1233.3490

H2 Avg (Jul–Dec) 1239.8814

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 59.9872 GNF (High: 1251.5955 / Low: 1191.6082). On the other end, May was the most stable month, with a tight range of 19.3126 GNF (High: 1241.7913 / Low: 1222.4787).

November Spread (Volatile) ±59.9872

May Spread (Stable) ±19.3126

Growth Streaks & Declines

Trends

Between June and September, 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 32.7774 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -32.7774

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1273.8914) against the same month in 2023 (average: 1219.0774), the exchange rate shifted by +54.8140 (+4.50%).

2024 Avg (September) 1273.8914

2023 Avg (September) 1219.0774

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1263.0878	1232.1358	1244.2872
February	1242.6450	1222.1170	1232.2823
March	1249.8489	1227.3347	1239.3618
April	1238.4801	1211.0012	1222.2860
May	1241.7913	1222.4787	1233.0846
June	1244.6988	1219.1375	1228.7919
July	1250.1757	1225.4965	1239.8827
August	1282.1636	1233.5157	1260.6411
September	1283.4677	1262.9954	1273.8914
October	1273.9392	1234.3758	1249.0854
November	1251.5955	1191.6082	1216.3081
December	1211.0731	1186.9845	1199.4800