2024 MVR to HRK Historical Review

YEARLY HIGH

0.4858 HRK

YEARLY LOW

0.4379 HRK

YEARLY AVERAGE

0.4523 HRK

2024 MVR to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.4858. Conversely, the yearly low was recorded on August 21, dropping to 0.4379.

This high-to-low spread represents a total annual volatility of 0.0479 HRK. From a start-to-finish perspective, comparing the January average rate of 0.4485 to the December average rate of 0.4670, the exchange rate registered a net change of 4.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4858 was up 3.72% compared to the 2023 peak of 0.4683, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,429 HRK

2023 Average 2,266 HRK

Yearly Trough Low 2,190 HRK

Transaction Impact: A difference of 239.28 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4695

0.4392

JanuMarcMayJulySeptNove

MVR 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 0.4521, compared to 0.4524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.4521

H2 Avg (Jul–Dec) 0.4524

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0379 HRK (High: 0.4858 / Low: 0.4479). On the other end, September was the most stable month, with a tight range of 0.0071 HRK (High: 0.4455 / Low: 0.4384).

May Spread (Volatile) ±0.0379

September Spread (Stable) ±0.0071

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 0.0065 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.4519) against the same month in 2023 (average: 0.4521), the exchange rate shifted by -0.0002 (-0.05%).

2024 Avg (May) 0.4519

2023 Avg (May) 0.4521

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4524	0.4433	0.4485
February	0.4584	0.4499	0.4535
March	0.4519	0.4426	0.4492
April	0.4592	0.4490	0.4549
May	0.4858	0.4479	0.4519
June	0.4607	0.4486	0.4549
July	0.4557	0.4468	0.4510
August	0.4550	0.4379	0.4445
September	0.4455	0.4384	0.4417
October	0.4553	0.4433	0.4504
November	0.4679	0.4473	0.4596
December	0.4727	0.4607	0.4670