2024 HRK to MDL Historical Review

YEARLY HIGH

2.5931 MDL

YEARLY LOW

2.4865 MDL

YEARLY AVERAGE

2.5457 MDL

2024 HRK to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 2.5931. Conversely, the yearly low was recorded on April 15, dropping to 2.4865.

This high-to-low spread represents a total annual volatility of 0.1066 MDL. From a start-to-finish perspective, comparing the January average rate of 2.5510 to the December average rate of 2.5457, the exchange rate registered a net change of -0.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5931 was down 5.96% compared to the 2023 peak of 2.7574, 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 12,965 MDL

2023 Average 12,989 MDL

Yearly Trough Low 12,432 MDL

Transaction Impact: A difference of 532.98 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5662

2.5177

JanuMarcMayJulySeptNove

HRK to MDL 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 2.5388, compared to 2.5527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0139 points.

H1 Avg (Jan–Jun) 2.5388

H2 Avg (Jul–Dec) 2.5527

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0657 MDL (High: 2.5779 / Low: 2.5123). On the other end, July was the most stable month, with a tight range of 0.0299 MDL (High: 2.5627 / Low: 2.5327).

January Spread (Volatile) ±0.0657

July Spread (Stable) ±0.0299

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 March and April, when the average rate fell by 0.0242 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.5576) against the same month in 2023 (average: 2.5592), the exchange rate shifted by -0.0016 (-0.06%).

2024 Avg (August) 2.5576

2023 Avg (August) 2.5592

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5779	2.5123	2.5510
February	2.5701	2.5185	2.5500
March	2.5692	2.5221	2.5460
April	2.5421	2.4865	2.5218
May	2.5574	2.5064	2.5336
June	2.5485	2.5144	2.5304
July	2.5627	2.5327	2.5498
August	2.5931	2.5336	2.5576
September	2.5842	2.5347	2.5621
October	2.5775	2.5342	2.5568
November	2.5781	2.5163	2.5439
December	2.5751	2.5141	2.5457