2024 HRK to NAD Historical Review

YEARLY HIGH

2.7826 NAD

YEARLY LOW

2.4620 NAD

YEARLY AVERAGE

2.6314 NAD

2024 HRK to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 2.7826. Conversely, the yearly low was recorded on December 12, dropping to 2.4620.

This high-to-low spread represents a total annual volatility of 0.3207 NAD. From a start-to-finish perspective, comparing the January average rate of 2.7195 to the December average rate of 2.5329, the exchange rate registered a net change of -6.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7826 was down 3.06% compared to the 2023 peak of 2.8706, 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 13,913 NAD

2023 Average 13,280 NAD

Yearly Trough Low 12,310 NAD

Transaction Impact: A difference of 1,603.26 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7387

2.5084

JanuMarcMayJulySeptNove

HRK to NAD 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 2.6857, compared to 2.5772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1084 points.

H1 Avg (Jan–Jun) 2.6857

H2 Avg (Jul–Dec) 2.5772

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.2000 NAD (High: 2.7370 / Low: 2.5370). On the other end, October was the most stable month, with a tight range of 0.0478 NAD (High: 2.5632 / Low: 2.5155).

June Spread (Volatile) ±0.2000

October Spread (Stable) ±0.0478

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0559 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0559

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.7180) against the same month in 2023 (average: 2.5380), the exchange rate shifted by +0.1800 (+7.09%).

2024 Avg (February) 2.7180

2023 Avg (February) 2.5380

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7682	2.6714	2.7195
February	2.7826	2.6628	2.7180
March	2.7489	2.6862	2.7192
April	2.7264	2.6377	2.6872
May	2.6612	2.6064	2.6380
June	2.7370	2.5370	2.6320
July	2.6587	2.5866	2.6264
August	2.6993	2.5863	2.6378
September	2.6372	2.5395	2.5973
October	2.5632	2.5155	2.5414
November	2.5562	2.4971	2.5276
December	2.5961	2.4620	2.5329