2024 HRK to MMK Historical Review

YEARLY HIGH

469.7230 MMK

YEARLY LOW

288.2253 MMK

YEARLY AVERAGE

304.5690 MMK

2024 HRK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 469.7230. Conversely, the yearly low was recorded on December 18, dropping to 288.2253.

This high-to-low spread represents a total annual volatility of 181.4976 MMK. From a start-to-finish perspective, comparing the January average rate of 303.9547 to the December average rate of 291.5790, the exchange rate registered a net change of -4.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 469.7230 was up 50.01% compared to the 2023 peak of 313.1339, 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 2,348,615 MMK

2023 Average 1,506,794 MMK

Yearly Trough Low 1,441,127 MMK

Transaction Impact: A difference of 907,488.20 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

331.5145

287.9485

JanuMarcMayJulySeptNove

HRK to MMK 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 303.3270, compared to 305.8111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4841 points.

H1 Avg (Jan–Jun) 303.3270

H2 Avg (Jul–Dec) 305.8111

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 168.5382 MMK (High: 469.7230 / Low: 301.1848). On the other end, February was the most stable month, with a tight range of 4.7113 MMK (High: 303.2017 / Low: 298.4904).

July Spread (Volatile) ±168.5382

February Spread (Stable) ±4.7113

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 20.9755 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -20.9755

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 327.8840) against the same month in 2023 (average: 307.7874), the exchange rate shifted by +20.0966 (+6.53%).

2024 Avg (July) 327.8840

2023 Avg (July) 307.7874

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	308.4910	300.6563	303.9547
February	303.2017	298.4904	300.8708
March	305.2069	299.8832	302.7040
April	302.6410	295.8862	298.6559
May	303.4632	298.6527	301.2371
June	353.6457	297.3956	312.5393
July	469.7230	301.1848	327.8840
August	311.6649	300.3849	306.9085
September	311.5752	306.6067	309.3122
October	308.0945	300.1987	303.3858
November	304.3530	290.0520	295.7970
December	294.6235	288.2253	291.5790