2024 TRY to HRK Historical Review

YEARLY HIGH

0.2315 HRK

YEARLY LOW

0.1972 HRK

YEARLY AVERAGE

0.2122 HRK

2024 TRY to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.2315. Conversely, the yearly low was recorded on September 26, dropping to 0.1972.

This high-to-low spread represents a total annual volatility of 0.0342 HRK. From a start-to-finish perspective, comparing the January average rate of 0.2296 to the December average rate of 0.2056, the exchange rate registered a net change of -10.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2315 was down 39.32% compared to the 2023 peak of 0.3815, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 11,574 HRK

2023 Average 15,097 HRK

Yearly Trough Low 9,862 HRK

Transaction Impact: A difference of 1,712.07 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2326

0.1961

JanuMarcMayJulySeptNove

TRY 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 0.2201, compared to 0.2044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0157 points.

H1 Avg (Jan–Jun) 0.2201

H2 Avg (Jul–Dec) 0.2044

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0126 HRK (High: 0.2106 / Low: 0.1979). On the other end, May was the most stable month, with a tight range of 0.0024 HRK (High: 0.2172 / Low: 0.2149).

August Spread (Volatile) ±0.0126

May Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between September and November, 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 February and March, when the average rate fell by 0.0103 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2296) against the same month in 2023 (average: 0.3719), the exchange rate shifted by -0.1423 (-38.27%).

2024 Avg (January) 0.2296

2023 Avg (January) 0.3719

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2315	0.2282	0.2296
February	0.2296	0.2227	0.2266
March	0.2214	0.2125	0.2163
April	0.2188	0.2152	0.2172
May	0.2172	0.2149	0.2160
June	0.2167	0.2121	0.2148
July	0.2153	0.2081	0.2109
August	0.2106	0.1979	0.2029
September	0.2012	0.1972	0.1991
October	0.2039	0.1992	0.2019
November	0.2094	0.2009	0.2058
December	0.2077	0.2048	0.2056