2024 HRK to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 HRK to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the HRK to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 133.6980. Conversely, the yearly low was recorded on December 18, dropping to 123.6429.
This high-to-low spread represents a total annual volatility of 10.0551 KPW. From a start-to-finish perspective, comparing the January average rate of 130.2914 to the December average rate of 125.0816, the exchange rate registered a net change of -4.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 133.6980 was down 0.41% compared to the 2023 peak of 134.2489, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HRK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
HRK to KPW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 129.1227, compared to 129.3478 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2251 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 6.1349 KPW (High: 130.5613 / Low: 124.4265). On the other end, March was the most stable month, with a tight range of 1.9231 KPW (High: 130.8262 / Low: 128.9031).
Growth Streaks & Declines
TrendsBetween 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 3.2555 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 131.6576) against the same month in 2023 (average: 130.2899), the exchange rate shifted by +1.3677 (+1.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 131.8380 | 129.0837 | 130.2914 |
| February | 129.8932 | 127.9191 | 128.9228 |
| March | 130.8262 | 128.9031 | 129.8020 |
| April | 129.7513 | 126.8685 | 128.0479 |
| May | 130.0706 | 128.0084 | 129.1434 |
| June | 130.2829 | 127.5766 | 128.5289 |
| July | 130.6759 | 128.2496 | 129.6216 |
| August | 133.6980 | 128.8591 | 131.6576 |
| September | 133.6595 | 131.5281 | 132.6887 |
| October | 132.1664 | 128.7792 | 130.1464 |
| November | 130.5613 | 124.4265 | 126.8910 |
| December | 126.3876 | 123.6429 | 125.0816 |