2024 HRK to ZAR Historical Review

YEARLY HIGH

2.7745 ZAR

YEARLY LOW

2.4634 ZAR

YEARLY AVERAGE

2.6321 ZAR

2024 HRK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 2.7745. Conversely, the yearly low was recorded on December 11, dropping to 2.4634.

This high-to-low spread represents a total annual volatility of 0.3111 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.7145 to the December average rate of 2.5351, the exchange rate registered a net change of -6.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7745 was down 1.47% compared to the 2023 peak of 2.8157, 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 13,872 ZAR

2023 Average 13,245 ZAR

Yearly Trough Low 12,317 ZAR

Transaction Impact: A difference of 1,555.43 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7440

2.5124

JanuMarcMayJulySeptNove

HRK to ZAR 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 2.6861, compared to 2.5782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1078 points.

H1 Avg (Jan–Jun) 2.6861

H2 Avg (Jul–Dec) 2.5782

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.1924 ZAR (High: 2.7417 / Low: 2.5494). On the other end, October was the most stable month, with a tight range of 0.0499 ZAR (High: 2.5639 / Low: 2.5140).

June Spread (Volatile) ±0.1924

October Spread (Stable) ±0.0499

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 0.0529 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0529

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.7247) against the same month in 2023 (average: 2.5444), the exchange rate shifted by +0.1804 (+7.09%).

2024 Avg (February) 2.7247

2023 Avg (February) 2.5444

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7733	2.6594	2.7145
February	2.7745	2.6817	2.7247
March	2.7465	2.6845	2.7195
April	2.7312	2.6510	2.6868
May	2.7062	2.6024	2.6417
June	2.7417	2.5494	2.6290
July	2.6541	2.5954	2.6254
August	2.7135	2.6053	2.6423
September	2.6340	2.5350	2.5938
October	2.5639	2.5140	2.5410
November	2.5903	2.4800	2.5317
December	2.6075	2.4634	2.5351