2024 KWD to HRK Historical Review

YEARLY HIGH

23.6387 HRK

YEARLY LOW

22.0426 HRK

YEARLY AVERAGE

22.7000 HRK

2024 KWD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 23.6387. Conversely, the yearly low was recorded on August 23, dropping to 22.0426.

This high-to-low spread represents a total annual volatility of 1.5961 HRK. From a start-to-finish perspective, comparing the January average rate of 22.4593 to the December average rate of 23.3834, the exchange rate registered a net change of 4.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 23.6387 was up 1.25% compared to the 2023 peak of 23.3477, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 118,193 HRK

2023 Average 113,351 HRK

Yearly Trough Low 110,213 HRK

Transaction Impact: A difference of 7,980.26 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

23.4994

22.1069

JanuMarcMayJulySeptNove

KWD 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 22.6753, compared to 22.7246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0494 points.

H1 Avg (Jan–Jun) 22.6753

H2 Avg (Jul–Dec) 22.7246

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.9918 HRK (High: 23.5004 / Low: 22.5086). On the other end, February was the most stable month, with a tight range of 0.2971 HRK (High: 22.8281 / Low: 22.5310).

November Spread (Volatile) ±0.9918

February Spread (Stable) ±0.2971

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 0.3285 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 23.3834) against the same month in 2023 (average: 22.4135), the exchange rate shifted by +0.9698 (+4.33%).

2024 Avg (December) 23.3834

2023 Avg (December) 22.4135

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.6726	22.1771	22.4593
February	22.8281	22.5310	22.6799
March	22.7021	22.3942	22.5539
April	23.0291	22.5622	22.8294
May	22.8258	22.5224	22.6878
June	22.9978	22.5386	22.8414
July	22.8951	22.5464	22.7027
August	22.8534	22.0426	22.3742
September	22.3897	22.0677	22.2229
October	22.7947	22.2890	22.5706
November	23.5004	22.5086	23.0941
December	23.6387	23.1664	23.3834