2011 HNL to HRK Historical Review

YEARLY HIGH

0.3077 HRK

YEARLY LOW

0.2622 HRK

YEARLY AVERAGE

0.2829 HRK

2011 HNL to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.3077. Conversely, the yearly low was recorded on April 29, dropping to 0.2622.

This high-to-low spread represents a total annual volatility of 0.0456 HRK. From a start-to-finish perspective, comparing the January average rate of 0.2927 to the December average rate of 0.3008, the exchange rate registered a net change of 2.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3077 was down 4.03% compared to the 2010 peak of 0.3207, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,539 HRK

2010 Average 1,454 HRK

Yearly Trough Low 1,311 HRK

Transaction Impact: A difference of 227.93 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3040

0.2662

JanuMarcMayJulySeptNove

HNL 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 0.2789, compared to 0.2868 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.2789

H2 Avg (Jul–Dec) 0.2868

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0214 HRK (High: 0.3004 / Low: 0.2789). On the other end, August was the most stable month, with a tight range of 0.0064 HRK (High: 0.2801 / Low: 0.2737).

October Spread (Volatile) ±0.0214

August Spread (Stable) ±0.0064

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 March and April, when the average rate fell by 0.0097 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.3008) against the same month in 2010 (average: 0.2955), the exchange rate shifted by +0.0054 (+1.82%).

2011 Avg (December) 0.3008

2010 Avg (December) 0.2955

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3028	0.2858	0.2927
February	0.2913	0.2841	0.2873
March	0.2840	0.2741	0.2791
April	0.2756	0.2622	0.2694
May	0.2801	0.2623	0.2730
June	0.2776	0.2685	0.2722
July	0.2814	0.2697	0.2751
August	0.2801	0.2737	0.2767
September	0.2946	0.2778	0.2882
October	0.3004	0.2789	0.2880
November	0.2993	0.2867	0.2918
December	0.3077	0.2940	0.3008