2024 HRK to SGD Historical Review

YEARLY HIGH

0.1949 SGD

YEARLY LOW

0.1857 SGD

YEARLY AVERAGE

0.1919 SGD

2024 HRK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.1949. Conversely, the yearly low was recorded on November 24, dropping to 0.1857.

This high-to-low spread represents a total annual volatility of 0.0091 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1934 to the December average rate of 0.1878, the exchange rate registered a net change of -2.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1949 was down 1.16% compared to the 2023 peak of 0.1972, 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 974 SGD

2023 Average 964 SGD

Yearly Trough Low 929 SGD

Transaction Impact: A difference of 45.74 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1944

0.1872

JanuMarcMayJulySeptNove

HRK to SGD 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 0.1933, compared to 0.1905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.1933

H2 Avg (Jul–Dec) 0.1905

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0051 SGD (High: 0.1908 / Low: 0.1857). On the other end, March was the most stable month, with a tight range of 0.0014 SGD (High: 0.1944 / Low: 0.1930).

November Spread (Volatile) ±0.0051

March Spread (Stable) ±0.0014

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 September and October, when the average rate fell by 0.0015 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1938) against the same month in 2023 (average: 0.1931), the exchange rate shifted by +0.0007 (+0.36%).

2024 Avg (May) 0.1938

2023 Avg (May) 0.1931

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1942	0.1923	0.1934
February	0.1936	0.1918	0.1927
March	0.1944	0.1930	0.1935
April	0.1943	0.1922	0.1931
May	0.1949	0.1927	0.1938
June	0.1949	0.1923	0.1931
July	0.1945	0.1920	0.1938
August	0.1933	0.1914	0.1924
September	0.1920	0.1896	0.1910
October	0.1906	0.1886	0.1895
November	0.1908	0.1857	0.1884
December	0.1883	0.1869	0.1878