YEARLY HIGH
204.0027 KRW
YEARLY LOW
187.5967 KRW
YEARLY AVERAGE
195.7668 KRW

2024 HRK to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 204.0027. Conversely, the yearly low was recorded on January 1, dropping to 187.5967.

This high-to-low spread represents a total annual volatility of 16.4061 KRW. From a start-to-finish perspective, comparing the January average rate of 191.7677 to the December average rate of 200.2218, the exchange rate registered a net change of 4.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 204.0027 was up 3.97% compared to the 2023 peak of 196.2126, 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 1,020,014 KRW
2023 Average 937,558 KRW
Yearly Trough Low 937,983 KRW
Transaction Impact: A difference of 82,030.30 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

201.1562
189.9430
JanuMarcMayJulySeptNove

HRK to KRW 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 193.7846, compared to 197.7490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9644 points.

H1 Avg (Jan–Jun) 193.7846
H2 Avg (Jul–Dec) 197.7490

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 8.4283 KRW (High: 204.0027 / Low: 195.5745). On the other end, February was the most stable month, with a tight range of 2.8197 KRW (High: 192.0879 / Low: 189.2683).

December Spread (Volatile) ±8.4283
February Spread (Stable) ±2.8197

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.6095 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.6095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 200.2218) against the same month in 2023 (average: 188.5985), the exchange rate shifted by +11.6233 (+6.16%).

2024 Avg (December) 200.2218
2023 Avg (December) 188.5985

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 194.3398 187.5967 191.7677
February 192.0879 189.2683 190.8774
March 193.8140 190.2410 192.1723
April 196.2137 193.1774 194.8980
May 199.1442 193.6437 195.7028
June 199.2198 196.1923 197.2895
July 201.0548 196.6582 199.0929
August 199.6545 195.9530 197.4834
September 197.4464 194.1477 196.0941
October 199.0620 194.2752 196.9331
November 200.1810 193.9038 196.6690
December 204.0027 195.5745 200.2218