2024 RWF to HRK Historical Review

YEARLY HIGH

0.0055 HRK

YEARLY LOW

0.0050 HRK

YEARLY AVERAGE

0.0053 HRK

2024 RWF to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0055. Conversely, the yearly low was recorded on September 26, dropping to 0.0050.

This high-to-low spread represents a total annual volatility of 0.0005 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0054 to the December average rate of 0.0052, the exchange rate registered a net change of -4.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0055 was down 17.61% compared to the 2023 peak of 0.0067, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 28 HRK

2023 Average 30 HRK

Yearly Trough Low 25 HRK

Transaction Impact: A difference of 2.63 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0055

0.0050

JanuMarcMayJulySeptNove

RWF 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 0.0054, compared to 0.0052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0054

H2 Avg (Jul–Dec) 0.0052

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0003 HRK (High: 0.0053 / Low: 0.0050). On the other end, June was the most stable month, with a tight range of 0.0001 HRK (High: 0.0054 / Low: 0.0053).

August Spread (Volatile) ±0.0003

June 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 July and August, 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 (February 2024: 0.0055) against the same month in 2023 (average: 0.0065), the exchange rate shifted by -0.0010 (-15.59%).

2024 Avg (February) 0.0055

2023 Avg (February) 0.0065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0055	0.0054	0.0054
February	0.0055	0.0054	0.0055
March	0.0055	0.0053	0.0054
April	0.0055	0.0054	0.0055
May	0.0054	0.0053	0.0054
June	0.0054	0.0053	0.0054
July	0.0054	0.0052	0.0053
August	0.0053	0.0050	0.0052
September	0.0051	0.0050	0.0051
October	0.0052	0.0050	0.0051
November	0.0053	0.0051	0.0052
December	0.0054	0.0051	0.0052