2011 HRK to ARS Historical Review

YEARLY HIGH

0.8228 ARS

YEARLY LOW

0.6942 ARS

YEARLY AVERAGE

0.7723 ARS

2011 HRK to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HRK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.8228. Conversely, the yearly low was recorded on January 10, dropping to 0.6942.

This high-to-low spread represents a total annual volatility of 0.1287 ARS. From a start-to-finish perspective, comparing the January average rate of 0.7188 to the December average rate of 0.7518, the exchange rate registered a net change of 4.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.8228 was up 7.30% compared to the 2010 peak of 0.7669, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,114 ARS

2010 Average 3,558 ARS

Yearly Trough Low 3,471 ARS

Transaction Impact: A difference of 643.33 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.8079

0.7107

JanuMarcMayJulySeptNove

HRK to ARS 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 0.7679, compared to 0.7767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.7679

H2 Avg (Jul–Dec) 0.7767

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0606 ARS (High: 0.8005 / Low: 0.7399). On the other end, February was the most stable month, with a tight range of 0.0204 ARS (High: 0.7501 / Low: 0.7297).

October Spread (Volatile) ±0.0606

February Spread (Stable) ±0.0204

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0270 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.7979) against the same month in 2010 (average: 0.7165), the exchange rate shifted by +0.0814 (+11.36%).

2011 Avg (April) 0.7979

2010 Avg (April) 0.7165

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7389	0.6942	0.7188
February	0.7501	0.7297	0.7399
March	0.7799	0.7506	0.7643
April	0.8228	0.7781	0.7979
May	0.8228	0.7710	0.7913
June	0.8056	0.7780	0.7952
July	0.8056	0.7705	0.7920
August	0.8112	0.7874	0.7998
September	0.8016	0.7533	0.7727
October	0.8005	0.7399	0.7736
November	0.7815	0.7533	0.7705
December	0.7696	0.7369	0.7518