2024 HRK to KWD Historical Review

YEARLY HIGH

0.0454 KWD

YEARLY LOW

0.0423 KWD

YEARLY AVERAGE

0.0441 KWD

2024 HRK to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.0454. Conversely, the yearly low was recorded on December 18, dropping to 0.0423.

This high-to-low spread represents a total annual volatility of 0.0031 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0445 to the December average rate of 0.0428, the exchange rate registered a net change of -3.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0454 was down 0.77% compared to the 2023 peak of 0.0457, 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 227 KWD

2023 Average 221 KWD

Yearly Trough Low 212 KWD

Transaction Impact: A difference of 15.32 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0452

0.0425

JanuMarcMayJulySeptNove

HRK to KWD 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 0.0441, compared to 0.0440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0441

H2 Avg (Jul–Dec) 0.0440

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0019 KWD (High: 0.0444 / Low: 0.0426). On the other end, February was the most stable month, with a tight range of 0.0006 KWD (High: 0.0444 / Low: 0.0438).

November Spread (Volatile) ±0.0019

February Spread (Stable) ±0.0006

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 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0447) against the same month in 2023 (average: 0.0446), the exchange rate shifted by +0.0001 (+0.26%).

2024 Avg (August) 0.0447

2023 Avg (August) 0.0446

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0451	0.0441	0.0445
February	0.0444	0.0438	0.0441
March	0.0447	0.0440	0.0443
April	0.0443	0.0434	0.0438
May	0.0444	0.0438	0.0441
June	0.0444	0.0435	0.0438
July	0.0444	0.0437	0.0440
August	0.0454	0.0438	0.0447
September	0.0453	0.0447	0.0450
October	0.0449	0.0439	0.0443
November	0.0444	0.0426	0.0433
December	0.0432	0.0423	0.0428