2024 JMD to HRK Historical Review

YEARLY HIGH

0.0466 HRK

YEARLY LOW

0.0427 HRK

YEARLY AVERAGE

0.0446 HRK

2024 JMD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0466. Conversely, the yearly low was recorded on September 24, dropping to 0.0427.

This high-to-low spread represents a total annual volatility of 0.0039 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0445 to the December average rate of 0.0460, the exchange rate registered a net change of 3.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0466 was down 1.37% compared to the 2023 peak of 0.0472, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 233 HRK

2023 Average 226 HRK

Yearly Trough Low 213 HRK

Transaction Impact: A difference of 19.63 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0463

0.0429

JanuMarcMayJulySeptNove

JMD 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 0.0448, compared to 0.0443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0448

H2 Avg (Jul–Dec) 0.0443

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0021 HRK (High: 0.0457 / Low: 0.0436). On the other end, February was the most stable month, with a tight range of 0.0006 HRK (High: 0.0450 / Low: 0.0444).

November Spread (Volatile) ±0.0021

February Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and April, 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 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0460) against the same month in 2023 (average: 0.0444), the exchange rate shifted by +0.0016 (+3.54%).

2024 Avg (December) 0.0460

2023 Avg (December) 0.0444

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0449	0.0441	0.0445
February	0.0450	0.0444	0.0446
March	0.0455	0.0442	0.0449
April	0.0458	0.0448	0.0453
May	0.0451	0.0443	0.0446
June	0.0453	0.0445	0.0450
July	0.0451	0.0440	0.0444
August	0.0447	0.0430	0.0436
September	0.0437	0.0427	0.0432
October	0.0441	0.0432	0.0437
November	0.0457	0.0436	0.0448
December	0.0466	0.0453	0.0460