2012 HRK to ARS Historical Review

YEARLY HIGH

0.8613 ARS

YEARLY LOW

0.7224 ARS

YEARLY AVERAGE

0.7772 ARS

2012 HRK to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the HRK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.8613. Conversely, the yearly low was recorded on January 16, dropping to 0.7224.

This high-to-low spread represents a total annual volatility of 0.1390 ARS. From a start-to-finish perspective, comparing the January average rate of 0.7374 to the December average rate of 0.8496, the exchange rate registered a net change of 15.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.8613 was up 4.68% compared to the 2011 peak of 0.8228, 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 4,307 ARS

2011 Average 3,862 ARS

Yearly Trough Low 3,612 ARS

Transaction Impact: A difference of 694.92 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.8609

0.7262

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 0.7548, compared to 0.7996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0448 points.

H1 Avg (Jan–Jun) 0.7548

H2 Avg (Jul–Dec) 0.7996

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 0.0468 ARS (High: 0.8268 / Low: 0.7800). On the other end, April was the most stable month, with a tight range of 0.0115 ARS (High: 0.7776 / Low: 0.7661).

September Spread (Volatile) ±0.0468

April Spread (Stable) ±0.0115

Growth Streaks & Declines

Trends

Between June and October, 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 April and May, when the average rate fell by 0.0160 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.8496) against the same month in 2011 (average: 0.7518), the exchange rate shifted by +0.0978 (+13.01%).

2012 Avg (December) 0.8496

2011 Avg (December) 0.7518

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7548	0.7224	0.7374
February	0.7747	0.7455	0.7580
March	0.7764	0.7533	0.7628
April	0.7776	0.7661	0.7714
May	0.7787	0.7320	0.7554
June	0.7587	0.7304	0.7439
July	0.7599	0.7354	0.7449
August	0.7810	0.7464	0.7627
September	0.8268	0.7800	0.8087
October	0.8219	0.8097	0.8163
November	0.8328	0.8055	0.8156
December	0.8613	0.8330	0.8496