2024 HRK to PEN Historical Review

YEARLY HIGH

0.5605 PEN

YEARLY LOW

0.5131 PEN

YEARLY AVERAGE

0.5389 PEN

2024 HRK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.5605. Conversely, the yearly low was recorded on December 25, dropping to 0.5131.

This high-to-low spread represents a total annual volatility of 0.0474 PEN. From a start-to-finish perspective, comparing the January average rate of 0.5402 to the December average rate of 0.5186, the exchange rate registered a net change of -3.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5605 was down 0.64% compared to the 2023 peak of 0.5642, 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 2,803 PEN

2023 Average 2,684 PEN

Yearly Trough Low 2,566 PEN

Transaction Impact: A difference of 237.17 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5594

0.5149

JanuMarcMayJulySeptNove

HRK to PEN 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 0.5381, compared to 0.5397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.5381

H2 Avg (Jul–Dec) 0.5397

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0237 PEN (High: 0.5471 / Low: 0.5234). On the other end, October was the most stable month, with a tight range of 0.0084 PEN (High: 0.5461 / Low: 0.5377).

November Spread (Volatile) ±0.0237

October Spread (Stable) ±0.0084

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 0.0144 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.5557) against the same month in 2023 (average: 0.5276), the exchange rate shifted by +0.0282 (+5.34%).

2024 Avg (September) 0.5557

2023 Avg (September) 0.5276

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5488	0.5345	0.5402
February	0.5540	0.5439	0.5484
March	0.5445	0.5269	0.5358
April	0.5351	0.5203	0.5286
May	0.5409	0.5271	0.5354
June	0.5457	0.5356	0.5402
July	0.5485	0.5361	0.5421
August	0.5569	0.5352	0.5464
September	0.5605	0.5493	0.5557
October	0.5461	0.5377	0.5424
November	0.5471	0.5234	0.5330
December	0.5253	0.5131	0.5186