YEARLY HIGH
1.5599 SEK
YEARLY LOW
1.4758 SEK
YEARLY AVERAGE
1.5180 SEK

2024 HRK to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 1.5599. Conversely, the yearly low was recorded on January 1, dropping to 1.4758.

This high-to-low spread represents a total annual volatility of 0.0841 SEK. From a start-to-finish perspective, comparing the January average rate of 1.4978 to the December average rate of 1.5280, the exchange rate registered a net change of 2.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.5599 was down 1.66% compared to the 2023 peak of 1.5862, 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 7,799 SEK
2023 Average 7,616 SEK
Yearly Trough Low 7,379 SEK
Transaction Impact: A difference of 420.30 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.5470
1.4902
JanuMarcMayJulySeptNove

HRK to SEK 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 1.5132, compared to 1.5228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 1.5132
H2 Avg (Jul–Dec) 1.5228

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0716 SEK (High: 1.5591 / Low: 1.4874). On the other end, December was the most stable month, with a tight range of 0.0202 SEK (High: 1.5376 / Low: 1.5174).

July Spread (Volatile) ±0.0716
December Spread (Stable) ±0.0202

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0415 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0415

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 1.5396) against the same month in 2023 (average: 1.5052), the exchange rate shifted by +0.0344 (+2.29%).

2024 Avg (April) 1.5396
2023 Avg (April) 1.5052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5138 1.4758 1.4978
February 1.5141 1.4805 1.4949
March 1.5327 1.4831 1.5037
April 1.5599 1.5207 1.5396
May 1.5565 1.5162 1.5423
June 1.5162 1.4883 1.5008
July 1.5591 1.4874 1.5314
August 1.5367 1.5035 1.5204
September 1.5206 1.4950 1.5070
October 1.5392 1.5040 1.5149
November 1.5520 1.5171 1.5348
December 1.5376 1.5174 1.5280