YEARLY HIGH
0.2423 HRK
YEARLY LOW
0.1858 HRK
YEARLY AVERAGE
0.2114 HRK

2024 SRD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 0.2423. Conversely, the yearly low was recorded on January 1, dropping to 0.1858.

This high-to-low spread represents a total annual volatility of 0.0565 HRK. From a start-to-finish perspective, comparing the January average rate of 0.1883 to the December average rate of 0.2043, the exchange rate registered a net change of 8.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2423 was up 6.92% compared to the 2023 peak of 0.2266, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,211 HRK
2023 Average 955 HRK
Yearly Trough Low 929 HRK
Transaction Impact: A difference of 282.57 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2423
0.1834
JanuMarcMayJulySeptNove

SRD 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 0.2031, compared to 0.2198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0167 points.

H1 Avg (Jan–Jun) 0.2031
H2 Avg (Jul–Dec) 0.2198

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0214 HRK (High: 0.2229 / Low: 0.2014). On the other end, January was the most stable month, with a tight range of 0.0046 HRK (High: 0.1903 / Low: 0.1858).

October Spread (Volatile) ±0.0214
January Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0156 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2374) against the same month in 2023 (average: 0.1805), the exchange rate shifted by +0.0569 (+31.53%).

2024 Avg (August) 0.2374
2023 Avg (August) 0.1805

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1903 0.1858 0.1883
February 0.1975 0.1886 0.1931
March 0.1999 0.1940 0.1968
April 0.2089 0.1988 0.2031
May 0.2168 0.2079 0.2137
June 0.2298 0.2143 0.2234
July 0.2413 0.2276 0.2339
August 0.2423 0.2338 0.2374
September 0.2361 0.2197 0.2285
October 0.2229 0.2014 0.2129
November 0.2038 0.1975 0.2016
December 0.2070 0.2012 0.2043