2024 HRK to NGN Historical Review

YEARLY HIGH

247.2218 NGN

YEARLY LOW

124.1061 NGN

YEARLY AVERAGE

211.0684 NGN

2024 HRK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 247.2218. Conversely, the yearly low was recorded on January 17, dropping to 124.1061.

This high-to-low spread represents a total annual volatility of 123.1157 NGN. From a start-to-finish perspective, comparing the January average rate of 132.0020 to the December average rate of 218.4027, the exchange rate registered a net change of 65.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 247.2218 was up 87.53% compared to the 2023 peak of 131.8284, 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 1,236,109 NGN

2023 Average 456,183 NGN

Yearly Trough Low 620,530 NGN

Transaction Impact: A difference of 615,578.52 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

251.8000

121.1113

JanuMarcMayJulySeptNove

HRK to NGN 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 191.3389, compared to 230.7978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 39.4589 points.

H1 Avg (Jan–Jun) 191.3389

H2 Avg (Jul–Dec) 230.7978

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 101.7608 NGN (High: 230.7887 / Low: 129.0279). On the other end, November was the most stable month, with a tight range of 8.3665 NGN (High: 241.0626 / Low: 232.6961).

February Spread (Volatile) ±101.7608

November Spread (Stable) ±8.3665

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 March and April, when the average rate fell by 38.5205 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -38.5205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 240.9093) against the same month in 2023 (average: 109.6632), the exchange rate shifted by +131.2461 (+119.68%).

2024 Avg (September) 240.9093

2023 Avg (September) 109.6632

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	139.1776	124.1061	132.0020
February	230.7887	129.0279	197.0743
March	233.8895	199.8657	220.4557
April	202.5056	169.3225	181.9352
May	218.6631	175.8782	203.5059
June	216.4588	199.9153	213.0602
July	239.1673	201.8101	218.9926
August	237.8266	229.4017	233.5432
September	247.2218	233.1400	240.9093
October	244.9473	234.9196	236.8977
November	241.0626	232.6961	236.0416
December	236.0591	212.8758	218.4027