2024 HRK to MXN Historical Review

YEARLY HIGH

2.9401 MXN

YEARLY LOW

2.3406 MXN

YEARLY AVERAGE

2.6299 MXN

2024 HRK to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 2.9401. Conversely, the yearly low was recorded on April 11, dropping to 2.3406.

This high-to-low spread represents a total annual volatility of 0.5995 MXN. From a start-to-finish perspective, comparing the January average rate of 2.4693 to the December average rate of 2.8147, the exchange rate registered a net change of 13.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9401 was up 6.31% compared to the 2023 peak of 2.7655, 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 14,701 MXN

2023 Average 12,726 MXN

Yearly Trough Low 11,703 MXN

Transaction Impact: A difference of 2,997.31 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9391

2.3419

JanuMarcMayJulySeptNove

HRK to MXN 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 2.4559, compared to 2.8040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3481 points.

H1 Avg (Jan–Jun) 2.4559

H2 Avg (Jul–Dec) 2.8040

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.2473 MXN (High: 2.6924 / Low: 2.4451). On the other end, February was the most stable month, with a tight range of 0.0320 MXN (High: 2.4651 / Low: 2.4331).

June Spread (Volatile) ±0.2473

February Spread (Stable) ±0.0320

Growth Streaks & Declines

Trends

Between April and September, 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 November and December, when the average rate fell by 0.0503 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.8893) against the same month in 2023 (average: 2.4506), the exchange rate shifted by +0.4387 (+17.90%).

2024 Avg (September) 2.8893

2023 Avg (September) 2.4506

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4943	2.4469	2.4693
February	2.4651	2.4331	2.4481
March	2.4526	2.3719	2.4185
April	2.4495	2.3406	2.3917
May	2.4504	2.3863	2.4104
June	2.6924	2.4451	2.5972
July	2.6947	2.5508	2.6074
August	2.9356	2.7108	2.8022
September	2.9401	2.8195	2.8893
October	2.9064	2.7953	2.8452
November	2.9226	2.8149	2.8651
December	2.8677	2.7787	2.8147