2024 HRK to IRR Historical Review

YEARLY HIGH

6258.7029 IRR

YEARLY LOW

5804.3472 IRR

YEARLY AVERAGE

6044.0136 IRR

2024 HRK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 6258.7029. Conversely, the yearly low was recorded on December 18, dropping to 5804.3472.

This high-to-low spread represents a total annual volatility of 454.3557 IRR. From a start-to-finish perspective, comparing the January average rate of 6087.3320 to the December average rate of 5862.6405, the exchange rate registered a net change of -3.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 6258.7029 was down 0.65% compared to the 2023 peak of 6299.5282, 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 31,293,515 IRR

2023 Average 30,306,432 IRR

Yearly Trough Low 29,021,736 IRR

Transaction Impact: A difference of 2,271,778.64 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6242.1362

5828.1409

JanuMarcMayJulySeptNove

HRK to IRR 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 6035.4141, compared to 6052.6131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.1990 points.

H1 Avg (Jan–Jun) 6035.4141

H2 Avg (Jul–Dec) 6052.6131

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 288.2354 IRR (High: 6106.2810 / Low: 5818.0456). On the other end, March was the most stable month, with a tight range of 92.0018 IRR (High: 6112.4925 / Low: 6020.4907).

November Spread (Volatile) ±288.2354

March Spread (Stable) ±92.0018

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 153.5802 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -153.5802

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 6207.6365) against the same month in 2023 (average: 5986.1990), the exchange rate shifted by +221.4376 (+3.70%).

2024 Avg (September) 6207.6365

2023 Avg (September) 5986.1990

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6167.8210	6030.3605	6087.3320
February	6068.1775	5974.1754	6022.0789
March	6112.4925	6020.4907	6063.3763
April	6065.8713	5929.3424	5985.9521
May	6079.7648	5982.6153	6039.5956
June	6110.6316	5965.9782	6014.1496
July	6110.9119	5997.4515	6063.9941
August	6252.9804	6026.6684	6158.4356
September	6258.7029	6153.3241	6207.6365
October	6180.6136	6022.9327	6088.2760
November	6106.2810	5818.0456	5934.6959
December	5910.3746	5804.3472	5862.6405