2024 HRK to RSD Historical Review

YEARLY HIGH

15.6088 RSD

YEARLY LOW

15.4519 RSD

YEARLY AVERAGE

15.5375 RSD

2024 HRK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 15.6088. Conversely, the yearly low was recorded on November 14, dropping to 15.4519.

This high-to-low spread represents a total annual volatility of 0.1568 RSD. From a start-to-finish perspective, comparing the January average rate of 15.5553 to the December average rate of 15.5218, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.6088 was down 1.09% compared to the 2023 peak of 15.7813, 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 78,044 RSD

2023 Average 77,799 RSD

Yearly Trough Low 77,260 RSD

Transaction Impact: A difference of 784.14 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.5588

15.5173

JanuMarcMayJulySeptNove

HRK to RSD 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 15.5472, compared to 15.5278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 15.5472

H2 Avg (Jul–Dec) 15.5278

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1050 RSD (High: 15.5570 / Low: 15.4519). On the other end, August was the most stable month, with a tight range of 0.0294 RSD (High: 15.5412 / Low: 15.5118).

November Spread (Volatile) ±0.1050

August Spread (Stable) ±0.0294

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 May and June, when the average rate fell by 0.0099 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 15.5474) against the same month in 2023 (average: 15.5559), the exchange rate shifted by -0.0085 (-0.05%).

2024 Avg (May) 15.5474

2023 Avg (May) 15.5559

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.5629	15.5295	15.5553
February	15.5730	15.5349	15.5528
March	15.5601	15.4919	15.5488
April	15.5584	15.4698	15.5416
May	15.6088	15.5208	15.5474
June	15.5643	15.4881	15.5375
July	15.5554	15.4851	15.5339
August	15.5412	15.5118	15.5279
September	15.5512	15.5100	15.5325
October	15.5449	15.5011	15.5297
November	15.5570	15.4519	15.5208
December	15.5677	15.4897	15.5218