2024 NAD to HRK Historical Review

YEARLY HIGH

0.4062 HRK

YEARLY LOW

0.3594 HRK

YEARLY AVERAGE

0.3803 HRK

2024 NAD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.4062. Conversely, the yearly low was recorded on February 26, dropping to 0.3594.

This high-to-low spread represents a total annual volatility of 0.0468 HRK. From a start-to-finish perspective, comparing the January average rate of 0.3677 to the December average rate of 0.3949, the exchange rate registered a net change of 7.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4062 was down 4.20% compared to the 2023 peak of 0.4240, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,031 HRK

2023 Average 1,885 HRK

Yearly Trough Low 1,797 HRK

Transaction Impact: A difference of 234.03 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3984

0.3649

JanuMarcMayJulySeptNove

NAD 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 0.3725, compared to 0.3882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0157 points.

H1 Avg (Jan–Jun) 0.3725

H2 Avg (Jul–Dec) 0.3882

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0288 HRK (High: 0.3942 / Low: 0.3654). On the other end, October was the most stable month, with a tight range of 0.0074 HRK (High: 0.3975 / Low: 0.3901).

June Spread (Volatile) ±0.0288

October Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0016 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3949) against the same month in 2023 (average: 0.3694), the exchange rate shifted by +0.0255 (+6.91%).

2024 Avg (December) 0.3949

2023 Avg (December) 0.3694

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3743	0.3612	0.3677
February	0.3755	0.3594	0.3680
March	0.3723	0.3638	0.3678
April	0.3791	0.3668	0.3722
May	0.3837	0.3758	0.3791
June	0.3942	0.3654	0.3801
July	0.3866	0.3761	0.3808
August	0.3867	0.3705	0.3791
September	0.3938	0.3792	0.3851
October	0.3975	0.3901	0.3935
November	0.4005	0.3912	0.3957
December	0.4062	0.3852	0.3949