2011 ETB to HRK Historical Review

YEARLY HIGH

0.4502 HRK

YEARLY LOW

0.2943 HRK

YEARLY AVERAGE

0.3418 HRK

2011 ETB to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.4502. Conversely, the yearly low was recorded on April 28, dropping to 0.2943.

This high-to-low spread represents a total annual volatility of 0.1559 HRK. From a start-to-finish perspective, comparing the January average rate of 0.4352 to the December average rate of 0.3306, the exchange rate registered a net change of -24.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4502 was down 16.95% compared to the 2010 peak of 0.5421, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,251 HRK

2010 Average 2,378 HRK

Yearly Trough Low 1,471 HRK

Transaction Impact: A difference of 779.59 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4482

0.2915

JanuMarcMayJulySeptNove

ETB 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 0.3669, compared to 0.3168 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0502 points.

H1 Avg (Jan–Jun) 0.3669

H2 Avg (Jul–Dec) 0.3168

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.1128 HRK (High: 0.4071 / Low: 0.2943). On the other end, August was the most stable month, with a tight range of 0.0067 HRK (High: 0.3089 / Low: 0.3022).

April Spread (Volatile) ±0.1128

August Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0967 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0967

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.4352) against the same month in 2010 (average: 0.4750), the exchange rate shifted by -0.0398 (-8.38%).

2011 Avg (January) 0.4352

2010 Avg (January) 0.4750

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4502	0.4243	0.4352
February	0.4321	0.4205	0.4260
March	0.4207	0.4056	0.4129
April	0.4071	0.2943	0.3162
May	0.3140	0.2949	0.3067
June	0.3106	0.3006	0.3046
July	0.3136	0.2993	0.3061
August	0.3089	0.3022	0.3053
September	0.3254	0.3067	0.3182
October	0.3320	0.3089	0.3186
November	0.3290	0.3172	0.3218
December	0.3380	0.3231	0.3306