2011 CVE to HRK Historical Review

YEARLY HIGH

0.0684 HRK

YEARLY LOW

0.0667 HRK

YEARLY AVERAGE

0.0674 HRK

2011 CVE to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CVE to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.0684. Conversely, the yearly low was recorded on March 21, dropping to 0.0667.

This high-to-low spread represents a total annual volatility of 0.0018 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0671 to the December average rate of 0.0681, the exchange rate registered a net change of 1.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0684 was up 1.48% compared to the 2010 peak of 0.0674, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 342 HRK

2010 Average 330 HRK

Yearly Trough Low 333 HRK

Transaction Impact: A difference of 8.87 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0682

0.0666

JanuMarcMayJulySeptNove

CVE 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 0.0671, compared to 0.0678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0671

H2 Avg (Jul–Dec) 0.0678

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.0009 HRK (High: 0.0677 / Low: 0.0668). On the other end, April was the most stable month, with a tight range of 0.0002 HRK (High: 0.0669 / Low: 0.0667).

June Spread (Volatile) ±0.0009

April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0681) against the same month in 2010 (average: 0.0670), the exchange rate shifted by +0.0011 (+1.62%).

2011 Avg (December) 0.0681

2010 Avg (December) 0.0670

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0675	0.0668	0.0671
February	0.0674	0.0671	0.0672
March	0.0673	0.0667	0.0670
April	0.0669	0.0667	0.0668
May	0.0675	0.0668	0.0672
June	0.0677	0.0668	0.0672
July	0.0678	0.0670	0.0673
August	0.0679	0.0674	0.0677
September	0.0684	0.0677	0.0680
October	0.0681	0.0676	0.0678
November	0.0682	0.0674	0.0679
December	0.0684	0.0679	0.0681