2024 HRK to ISK Historical Review

YEARLY HIGH

20.3768 ISK

YEARLY LOW

19.0983 ISK

YEARLY AVERAGE

19.8094 ISK

2024 HRK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 20.3768. Conversely, the yearly low was recorded on December 30, dropping to 19.0983.

This high-to-low spread represents a total annual volatility of 1.2784 ISK. From a start-to-finish perspective, comparing the January average rate of 19.8197 to the December average rate of 19.2740, the exchange rate registered a net change of -2.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.3768 was down 2.29% compared to the 2023 peak of 20.8534, 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 101,884 ISK

2023 Average 98,946 ISK

Yearly Trough Low 95,492 ISK

Transaction Impact: A difference of 6,392.22 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.2778

19.1827

JanuMarcMayJulySeptNove

HRK to ISK 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 19.8364, compared to 19.7824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0540 points.

H1 Avg (Jan–Jun) 19.8364

H2 Avg (Jul–Dec) 19.7824

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.6470 ISK (High: 19.8026 / Low: 19.1556). On the other end, June was the most stable month, with a tight range of 0.1374 ISK (High: 19.8702 / Low: 19.7327).

November Spread (Volatile) ±0.6470

June Spread (Stable) ±0.1374

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 September and October, when the average rate fell by 0.4014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 20.1865) against the same month in 2023 (average: 19.1712), the exchange rate shifted by +1.0153 (+5.30%).

2024 Avg (September) 20.1865

2023 Avg (September) 19.1712

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.0082	19.5301	19.8197
February	19.8706	19.6293	19.7302
March	19.9499	19.6155	19.7877
April	20.0213	19.8470	19.9552
May	19.9764	19.7369	19.9165
June	19.8702	19.7327	19.8087
July	19.8964	19.7495	19.8338
August	20.2957	19.8973	20.1512
September	20.3768	19.9745	20.1865
October	19.8954	19.7102	19.7852
November	19.8026	19.1556	19.4637
December	19.4483	19.0983	19.2740