YEARLY HIGH
1.1582 HKD
YEARLY LOW
1.0674 HKD
YEARLY AVERAGE
1.1205 HKD

2024 HRK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 1.1582. Conversely, the yearly low was recorded on December 31, dropping to 1.0674.

This high-to-low spread represents a total annual volatility of 0.0908 HKD. From a start-to-finish perspective, comparing the January average rate of 1.1316 to the December average rate of 1.0804, the exchange rate registered a net change of -4.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1582 was down 0.63% compared to the 2023 peak of 1.1655, 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 5,791 HKD
2023 Average 5,620 HKD
Yearly Trough Low 5,337 HKD
Transaction Impact: A difference of 454.15 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1555
1.0736
JanuMarcMayJulySeptNove

HRK to HKD 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 1.1218, compared to 1.1191 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 1.1218
H2 Avg (Jul–Dec) 1.1191

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0512 HKD (High: 1.1274 / Low: 1.0762). On the other end, May was the most stable month, with a tight range of 0.0157 HKD (High: 1.1284 / Low: 1.1127).

November Spread (Volatile) ±0.0512
May Spread (Stable) ±0.0157

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 0.0266 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 1.1406) against the same month in 2023 (average: 1.1330), the exchange rate shifted by +0.0076 (+0.67%).

2024 Avg (August) 1.1406
2023 Avg (August) 1.1330

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1441 1.1212 1.1316
February 1.1287 1.1114 1.1204
March 1.1372 1.1210 1.1283
April 1.1290 1.1040 1.1142
May 1.1284 1.1127 1.1208
June 1.1320 1.1069 1.1154
July 1.1335 1.1133 1.1248
August 1.1582 1.1188 1.1406
September 1.1559 1.1395 1.1487
October 1.1413 1.1117 1.1235
November 1.1274 1.0762 1.0969
December 1.0928 1.0674 1.0804