2011 CDF to HRK Historical Review

YEARLY HIGH

0.0065 HRK

YEARLY LOW

0.0054 HRK

YEARLY AVERAGE

0.0059 HRK

2011 CDF to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CDF to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0065. Conversely, the yearly low was recorded on May 4, dropping to 0.0054.

This high-to-low spread represents a total annual volatility of 0.0010 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0061 to the December average rate of 0.0063, the exchange rate registered a net change of 3.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0065 was down 4.83% compared to the 2010 peak of 0.0068, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32 HRK

2010 Average 31 HRK

Yearly Trough Low 27 HRK

Transaction Impact: A difference of 5.13 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0064

0.0055

JanuMarcMayJulySeptNove

CDF 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 0.0058, compared to 0.0059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0058

H2 Avg (Jul–Dec) 0.0059

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0004 HRK (High: 0.0062 / Low: 0.0058). On the other end, February was the most stable month, with a tight range of 0.0001 HRK (High: 0.0060 / Low: 0.0059).

October Spread (Volatile) ±0.0004

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0002 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0063) against the same month in 2010 (average: 0.0062), the exchange rate shifted by +0.0001 (+1.41%).

2011 Avg (December) 0.0063

2010 Avg (December) 0.0062

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0063	0.0059	0.0061
February	0.0060	0.0059	0.0059
March	0.0059	0.0057	0.0058
April	0.0057	0.0054	0.0056
May	0.0058	0.0054	0.0057
June	0.0058	0.0056	0.0057
July	0.0059	0.0056	0.0057
August	0.0058	0.0056	0.0057
September	0.0061	0.0057	0.0059
October	0.0062	0.0058	0.0060
November	0.0063	0.0060	0.0061
December	0.0065	0.0061	0.0063