2024 HRK to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 HRK to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the HRK to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 89.3548. Conversely, the yearly low was recorded on May 1, dropping to 81.1431.
This high-to-low spread represents a total annual volatility of 8.2117 SDG. From a start-to-finish perspective, comparing the January average rate of 87.0057 to the December average rate of 83.5962, the exchange rate registered a net change of -3.92% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 89.3548 was down 0.41% compared to the 2023 peak of 89.7230, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HRK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
HRK to SDG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 85.4771, compared to 86.2850 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8079 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 5.7151 SDG (High: 86.8583 / Low: 81.1431). On the other end, February was the most stable month, with a tight range of 1.3183 SDG (High: 86.7398 / Low: 85.4215).
Growth Streaks & Declines
TrendsBetween June and September, 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 March and April, when the average rate fell by 2.1859 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 87.9912) against the same month in 2023 (average: 87.0538), the exchange rate shifted by +0.9374 (+1.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 88.0385 | 86.1992 | 87.0057 |
| February | 86.7398 | 85.4215 | 86.0795 |
| March | 87.3441 | 84.0557 | 85.6282 |
| April | 85.5768 | 82.6055 | 83.4423 |
| May | 86.8583 | 81.1431 | 85.9521 |
| June | 86.5673 | 83.2397 | 84.7547 |
| July | 87.0012 | 84.1502 | 85.6555 |
| August | 89.3548 | 86.1208 | 87.9912 |
| September | 89.3291 | 87.9046 | 88.6803 |
| October | 88.3312 | 86.0674 | 86.9812 |
| November | 87.2585 | 83.1584 | 84.8055 |
| December | 84.4690 | 82.6347 | 83.5962 |