YEARLY HIGH
5.2999 THB
YEARLY LOW
4.7051 THB
YEARLY AVERAGE
5.0631 THB

2024 HRK to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 5.2999. Conversely, the yearly low was recorded on December 10, dropping to 4.7051.

This high-to-low spread represents a total annual volatility of 0.5948 THB. From a start-to-finish perspective, comparing the January average rate of 5.0917 to the December average rate of 4.7467, the exchange rate registered a net change of -6.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 5.2999 was up 2.09% compared to the 2023 peak of 5.1916, 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 26,500 THB
2023 Average 24,954 THB
Yearly Trough Low 23,525 THB
Transaction Impact: A difference of 2,974.12 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5.3028
4.6962
JanuMarcMayJulySeptNove

HRK to THB 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 5.1890, compared to 4.9373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2517 points.

H1 Avg (Jan–Jun) 5.1890
H2 Avg (Jul–Dec) 4.9373

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.2369 THB (High: 5.0273 / Low: 4.7904). On the other end, May was the most stable month, with a tight range of 0.0775 THB (High: 5.2829 / Low: 5.2054).

September Spread (Volatile) ±0.2369
May Spread (Stable) ±0.0775

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.1726 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1726

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 5.2419) against the same month in 2023 (average: 5.0167), the exchange rate shifted by +0.2252 (+4.49%).

2024 Avg (June) 5.2419
2023 Avg (June) 5.0167

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.1655 4.9782 5.0917
February 5.1772 5.0737 5.1347
March 5.2371 5.1325 5.1833
April 5.2920 5.1290 5.2299
May 5.2829 5.2054 5.2522
June 5.2999 5.2034 5.2419
July 5.2560 5.0998 5.2179
August 5.1658 4.9852 5.0768
September 5.0273 4.7904 4.9042
October 4.8927 4.7716 4.8268
November 4.9135 4.7621 4.8514
December 4.8252 4.7051 4.7467