2024 HRK to MNT Historical Review

YEARLY HIGH

505.3790 MNT

YEARLY LOW

466.8206 MNT

YEARLY AVERAGE

492.0881 MNT

2024 HRK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 505.3790. Conversely, the yearly low was recorded on December 18, dropping to 466.8206.

This high-to-low spread represents a total annual volatility of 38.5584 MNT. From a start-to-finish perspective, comparing the January average rate of 499.4504 to the December average rate of 472.2524, the exchange rate registered a net change of -5.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 505.3790 was down 3.72% compared to the 2023 peak of 524.9133, 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 2,526,895 MNT

2023 Average 2,485,379 MNT

Yearly Trough Low 2,334,103 MNT

Transaction Impact: A difference of 192,791.78 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

503.8458

469.3803

JanuMarcMayJulySeptNove

HRK to MNT 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 494.9705, compared to 489.2057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.7649 points.

H1 Avg (Jan–Jun) 494.9705

H2 Avg (Jul–Dec) 489.2057

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 23.1625 MNT (High: 492.9416 / Low: 469.7791). On the other end, March was the most stable month, with a tight range of 7.3720 MNT (High: 501.5006 / Low: 494.1285).

November Spread (Volatile) ±23.1625

March Spread (Stable) ±7.3720

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 12.2912 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -12.2912

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 499.4504) against the same month in 2023 (average: 487.8525), the exchange rate shifted by +11.5979 (+2.38%).

2024 Avg (January) 499.4504

2023 Avg (January) 487.8525

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	505.3790	494.8209	499.4504
February	497.9239	490.3564	494.2041
March	501.5006	494.1285	497.5745
April	497.3798	486.3294	490.8503
May	498.6040	490.6989	495.0498
June	499.4179	489.0437	492.6940
July	500.9242	487.8102	494.4683
August	504.7842	486.5147	497.0805
September	504.6390	496.5917	500.9737
October	499.0015	486.2131	491.3751
November	492.9416	469.7791	479.0839
December	477.1833	466.8206	472.2524