AUD to HRK Exchange Rate

The lowdown on the Croatian kuna

Economical Influences on the Croatian kuna Exchange Rate

If you are considering converting AUD to HRK, it’s a good idea to get a snapshot of how the economy may influence the Croatian kuna.

Despite being one of the strongest economies of the former Yugoslavia, Croatia’s economy suffered significantly during the 90’s Balkan war. Since 2014, Croatia’s economy recovered somewhat with a growth in GDP of 2.8% in 2017.¹

Tourism is one of the biggest contributors to Croatia’s GDP and the country is working on becoming an energy leader in the region; specifically involving liquefied natural gas.¹

Croatia joined the European Union in 2013, but isn’t projected to ascend to the Eurozone until 2024.¹ The kuna remains relatively stable and rarely fluctuates significantly from the euro.¹

Croatian kuna Historical Exchange Rate

The Croatian kuna has remained relatively stable within the past 5 years² which has resulted in mainly minor fluctuations against the AUD.

Beginning January 2014, 1 AUD was trading at roughly 4.88182 HRK. Just over a year later in March 2015 the AUD was trading at around 5.54329 HRK.²

Minimal fluctuations over the next year meant that by May 2016 the kuna had crawled back to trade at 4.80752 HRK to 1 Australian dollar.

By February 2017 1 Aussie dollar would get you around 5.40 Croatian kuna – fluctuating over the next few months to around 4.87 HRK for 1 AUD in June of the same year.² This means if you had purchased $1,000 AUD worth of Kuna in February you would have received approximately 530 kuna more than if you had bought the same amount in AUD a few months later in June.

2018 has remained stable seeing the kuna performing along a similar trajectory; in March the AUD was trading at around 4.61048 HRK and as of October 8, 2018 was trading at around 4.53725 HRK.²

Learn more about the Croatian kuna before you travel to Croatia and create a currency rate alert so we can notify you when it hits your ideal rate!

^Sources:

^{1. Central Intelligence Agency - https://www.cia.gov/library/publications/the-world-factbook/geos/hr.html}

^{2. XE - https://www.xe.com/currencycharts/?from=AUD&to=HRK&view=5Y}

^{*The information contained in this article has been compiled by Travelex from different external sources. The figures provided are indicative only and are there to provide an idea of the amount of travel money you may need during your trip. Travelex does not ensure the accuracy and completeness of the information shown. Nothing in this article is to be considered financial advice. Travelex Limited does not accept any liability for any loss or damage derived from any reliance on the information in this article. Travelex Limited (ABN 36 004 179 953, AFSL Number 222444) arranges for and sells Online Foreign Currency via its Online Ordering Facility. You should consider the Terms and Conditions before deciding whether to acquire any product.}