2024 HRK to JMD Historical Review

YEARLY HIGH

23.4437 JMD

YEARLY LOW

21.4678 JMD

YEARLY AVERAGE

22.4539 JMD

2024 HRK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 23.4437. Conversely, the yearly low was recorded on December 31, dropping to 21.4678.

This high-to-low spread represents a total annual volatility of 1.9759 JMD. From a start-to-finish perspective, comparing the January average rate of 22.4488 to the December average rate of 21.7393, the exchange rate registered a net change of -3.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 23.4437 was up 1.68% compared to the 2023 peak of 23.0572, 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 117,219 JMD

2023 Average 110,591 JMD

Yearly Trough Low 107,339 JMD

Transaction Impact: A difference of 9,879.59 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

23.2977

21.5977

JanuMarcMayJulySeptNove

HRK to JMD 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 22.3105, compared to 22.5974 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2869 points.

H1 Avg (Jan–Jun) 22.3105

H2 Avg (Jul–Dec) 22.5974

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.0776 JMD (High: 22.9419 / Low: 21.8644). On the other end, February was the most stable month, with a tight range of 0.3121 JMD (High: 22.5329 / Low: 22.2208).

November Spread (Volatile) ±1.0776

February Spread (Stable) ±0.3121

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 November and December, when the average rate fell by 0.6061 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 23.1560) against the same month in 2023 (average: 21.8945), the exchange rate shifted by +1.2615 (+5.76%).

2024 Avg (September) 23.1560

2023 Avg (September) 21.8945

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.6955	22.2712	22.4488
February	22.5329	22.2208	22.4014
March	22.6022	21.9718	22.2934
April	22.3245	21.8387	22.0636
May	22.5504	22.1887	22.4247
June	22.4664	22.0544	22.2309
July	22.7025	22.1726	22.5203
August	23.2724	22.3892	22.9207
September	23.4437	22.8584	23.1560
October	23.1404	22.6984	22.9024
November	22.9419	21.8644	22.3455
December	22.0779	21.4678	21.7393