YEARLY HIGH
0.0042 HRK
YEARLY LOW
0.0039 HRK
YEARLY AVERAGE
0.0040 HRK

2024 MWK to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0042. Conversely, the yearly low was recorded on August 23, dropping to 0.0039.

This high-to-low spread represents a total annual volatility of 0.0003 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0041 to the December average rate of 0.0042, the exchange rate registered a net change of 1.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0042 was down 40.22% compared to the 2023 peak of 0.0070, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21 HRK
2023 Average 31 HRK
Yearly Trough Low 19 HRK
Transaction Impact: A difference of 1.60 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0042
0.0039
JanuMarcMayJulySeptNove

MWK 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 0.0041, compared to 0.0040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0041
H2 Avg (Jul–Dec) 0.0040

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0002 HRK (High: 0.0042 / Low: 0.0040). On the other end, May was the most stable month, with a tight range of 0.0001 HRK (High: 0.0041 / Low: 0.0040).

November Spread (Volatile) ±0.0002
May 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 February and March, 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: 0.0042) against the same month in 2023 (average: 0.0041), the exchange rate shifted by +0.0001 (+1.32%).

2024 Avg (December) 0.0042
2023 Avg (December) 0.0041

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0041 0.0040 0.0041
February 0.0042 0.0041 0.0041
March 0.0042 0.0040 0.0041
April 0.0041 0.0040 0.0041
May 0.0041 0.0040 0.0040
June 0.0041 0.0040 0.0040
July 0.0040 0.0040 0.0040
August 0.0040 0.0039 0.0039
September 0.0039 0.0039 0.0039
October 0.0040 0.0039 0.0040
November 0.0042 0.0040 0.0041
December 0.0042 0.0041 0.0042