2024 NOK to HRK Historical Review

YEARLY HIGH

0.6703 HRK

YEARLY LOW

0.6255 HRK

YEARLY AVERAGE

0.6480 HRK

2024 NOK to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NOK to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6703. Conversely, the yearly low was recorded on August 5, dropping to 0.6255.

This high-to-low spread represents a total annual volatility of 0.0447 HRK. From a start-to-finish perspective, comparing the January average rate of 0.6642 to the December average rate of 0.6407, the exchange rate registered a net change of -3.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6703 was down 6.94% compared to the 2023 peak of 0.7202, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,351 HRK

2023 Average 3,301 HRK

Yearly Trough Low 3,128 HRK

Transaction Impact: A difference of 223.57 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6668

0.6363

JanuMarcMayJulySeptNove

NOK 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 0.6554, compared to 0.6406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 0.6554

H2 Avg (Jul–Dec) 0.6406

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0321 HRK (High: 0.6616 / Low: 0.6295). On the other end, January was the most stable month, with a tight range of 0.0123 HRK (High: 0.6703 / Low: 0.6579).

July Spread (Volatile) ±0.0321

January Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0164 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6642) against the same month in 2023 (average: 0.7037), the exchange rate shifted by -0.0394 (-5.60%).

2024 Avg (January) 0.6642

2023 Avg (January) 0.7037

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6703	0.6579	0.6642
February	0.6691	0.6559	0.6617
March	0.6616	0.6434	0.6532
April	0.6509	0.6353	0.6444
May	0.6617	0.6372	0.6489
June	0.6675	0.6515	0.6597
July	0.6616	0.6295	0.6433
August	0.6474	0.6255	0.6391
September	0.6478	0.6296	0.6394
October	0.6450	0.6294	0.6389
November	0.6564	0.6286	0.6420
December	0.6481	0.6342	0.6407