2024 IQD to HRK Historical Review

YEARLY HIGH

0.0056 HRK

YEARLY LOW

0.0051 HRK

YEARLY AVERAGE

0.0053 HRK

2024 IQD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0056. Conversely, the yearly low was recorded on August 23, dropping to 0.0051.

This high-to-low spread represents a total annual volatility of 0.0004 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0053 to the December average rate of 0.0055, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0056 was up 1.14% compared to the 2023 peak of 0.0055, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 IQD based on timing:

Yearly Peak High 28 HRK

2023 Average 26 HRK

Yearly Trough Low 26 HRK

Transaction Impact: A difference of 2.09 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0055

0.0051

JanuMarcMayJulySeptNove

IQD to HRK 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 0.0053, compared to 0.0053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0053

H2 Avg (Jul–Dec) 0.0053

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0003 HRK (High: 0.0055 / Low: 0.0053). On the other end, February was the most stable month, with a tight range of 0.0001 HRK (High: 0.0054 / Low: 0.0053).

November Spread (Volatile) ±0.0003

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0055) against the same month in 2023 (average: 0.0053), the exchange rate shifted by +0.0002 (+4.36%).

2024 Avg (December) 0.0055

2023 Avg (December) 0.0053

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0053	0.0052	0.0053
February	0.0054	0.0053	0.0053
March	0.0053	0.0053	0.0053
April	0.0054	0.0053	0.0054
May	0.0054	0.0053	0.0053
June	0.0054	0.0053	0.0053
July	0.0054	0.0053	0.0053
August	0.0053	0.0051	0.0052
September	0.0052	0.0051	0.0052
October	0.0053	0.0052	0.0053
November	0.0055	0.0053	0.0054
December	0.0056	0.0054	0.0055