According to today’s exchange rate list of the Croatian National Bank (HNB), compared to the exchange rate from the beginning of this week, the kuna has weakened by 0.28 percent against the euro, and by more than 1.5 percent against the US and British currencies.
The average exchange rate of the euro on today’s exchange list is 7.4575088, which is 0.06 percent higher than yesterday’s. This is also 0.21 percent lower compared to the middle of this week, when the average exchange rate of the euro reached its highest level since March 2005, above 4.47 kuna per euro. In order to stabilize the kuna exchange rate, the HNB intervened in the foreign exchange market this week, selling 184.72 million euros to commercial banks on Wednesday, February 18, at an average exchange rate of 7.440584 kuna.
The average exchange rate of the British pound increased by 1.61 percent this week, while the US dollar rose by 1.51 percent. Compared to yesterday’s exchange rate list of the HNB, the average exchange rate of the dollar is higher by 0.51 percent and amounts to 5.910746 kuna, while the average exchange rate of the pound decreased by 0.01 percent, to 8.439049 kuna. The average exchange rate of the Swiss franc has decreased by 0.04 percent compared to the beginning of the week, and by 0.11 percent compared to yesterday’s exchange rate list of the HNB, ending the week at a level of 4.983686 kuna. (H)
