YEARLY HIGH
0.6638 RON
YEARLY LOW
0.6579 RON
YEARLY AVERAGE
0.6602 RON

2024 HRK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.6638. Conversely, the yearly low was recorded on December 11, dropping to 0.6579.

This high-to-low spread represents a total annual volatility of 0.0059 RON. From a start-to-finish perspective, comparing the January average rate of 0.6602 to the December average rate of 0.6602, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6638 was up 0.06% compared to the 2023 peak of 0.6634, 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 3,319 RON
2023 Average 3,283 RON
Yearly Trough Low 3,290 RON
Transaction Impact: A difference of 29.30 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6606
0.6596
JanuMarcMayJulySeptNove

HRK to RON 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 0.6602, compared to 0.6603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.6602
H2 Avg (Jul–Dec) 0.6603

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0050 RON (High: 0.6638 / Low: 0.6588). On the other end, June was the most stable month, with a tight range of 0.0009 RON (High: 0.6610 / Low: 0.6600).

November Spread (Volatile) ±0.0050
June Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.6604) against the same month in 2023 (average: 0.6597), the exchange rate shifted by +0.0008 (+0.12%).

2024 Avg (November) 0.6604
2023 Avg (November) 0.6597

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6610 0.6588 0.6602
February 0.6616 0.6580 0.6602
March 0.6601 0.6586 0.6597
April 0.6609 0.6593 0.6601
May 0.6609 0.6596 0.6603
June 0.6610 0.6600 0.6605
July 0.6606 0.6589 0.6600
August 0.6613 0.6601 0.6605
September 0.6622 0.6593 0.6602
October 0.6610 0.6586 0.6603
November 0.6638 0.6588 0.6604
December 0.6617 0.6579 0.6602