YEARLY HIGH
2.1785 SCR
YEARLY LOW
1.8522 SCR
YEARLY AVERAGE
1.9629 SCR

2024 HRK to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 2.1785. Conversely, the yearly low was recorded on December 2, dropping to 1.8522.

This high-to-low spread represents a total annual volatility of 0.3264 SCR. From a start-to-finish perspective, comparing the January average rate of 1.9374 to the December average rate of 1.9621, the exchange rate registered a net change of 1.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1785 was up 4.12% compared to the 2023 peak of 2.0923, 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 10,893 SCR
2023 Average 9,648 SCR
Yearly Trough Low 9,261 SCR
Transaction Impact: A difference of 1,631.85 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0173
1.9198
JanuMarcMayJulySeptNove

HRK to SCR 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 1.9486, compared to 1.9772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0286 points.

H1 Avg (Jan–Jun) 1.9486
H2 Avg (Jul–Dec) 1.9772

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.2939 SCR (High: 2.1785 / Low: 1.8846). On the other end, May was the most stable month, with a tight range of 0.0792 SCR (High: 1.9933 / Low: 1.9141).

October Spread (Volatile) ±0.2939
May Spread (Stable) ±0.0792

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0447 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0447

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 1.9834) against the same month in 2023 (average: 1.8688), the exchange rate shifted by +0.1146 (+6.13%).

2024 Avg (October) 1.9834
2023 Avg (October) 1.8688

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0168 1.8827 1.9374
February 1.9779 1.8740 1.9279
March 2.0652 1.9221 1.9604
April 2.0324 1.8940 1.9337
May 1.9933 1.9141 1.9597
June 2.0827 1.9263 1.9726
July 2.0414 1.9270 1.9870
August 2.1746 1.9023 2.0091
September 2.0621 1.9035 1.9827
October 2.1785 1.8846 1.9834
November 2.0302 1.8729 1.9387
December 2.1065 1.8522 1.9621