2024 HRK to IQD Historical Review

YEARLY HIGH

194.6048 IQD

YEARLY LOW

179.9767 IQD

YEARLY AVERAGE

188.0712 IQD

2024 HRK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 194.6048. Conversely, the yearly low was recorded on December 18, dropping to 179.9767.

This high-to-low spread represents a total annual volatility of 14.6281 IQD. From a start-to-finish perspective, comparing the January average rate of 189.6071 to the December average rate of 182.0015, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 194.6048 was down 9.18% compared to the 2023 peak of 214.2849, 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 973,024 IQD

2023 Average 975,236 IQD

Yearly Trough Low 899,884 IQD

Transaction Impact: A difference of 73,140.53 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

194.2976

180.8837

JanuMarcMayJulySeptNove

HRK to IQD 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 187.9026, compared to 188.2398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3372 points.

H1 Avg (Jan–Jun) 187.9026

H2 Avg (Jul–Dec) 188.2398

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 8.9421 IQD (High: 190.0626 / Low: 181.1205). On the other end, February was the most stable month, with a tight range of 2.9487 IQD (High: 189.1432 / Low: 186.1945).

November Spread (Volatile) ±8.9421

February Spread (Stable) ±2.9487

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 4.7566 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.7566

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 191.3246) against the same month in 2023 (average: 189.5982), the exchange rate shifted by +1.7264 (+0.91%).

2024 Avg (August) 191.3246

2023 Avg (August) 189.5982

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	192.2870	187.6859	189.6071
February	189.1432	186.1945	187.6863
March	190.4249	187.0716	188.8202
April	188.7954	184.5741	186.3188
May	189.3086	186.3170	187.8912
June	189.4772	185.5182	187.0919
July	190.1147	186.6032	188.6056
August	194.6048	187.3776	191.3246
September	194.5882	191.4197	193.1797
October	192.2877	187.4254	189.5420
November	190.0626	181.1205	184.7854
December	184.0407	179.9767	182.0015