2014 HRK to ARS Historical Review

YEARLY HIGH

1.4691 ARS

YEARLY LOW

1.1686 ARS

YEARLY AVERAGE

1.4104 ARS

2014 HRK to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HRK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 1.4691. Conversely, the yearly low was recorded on January 4, dropping to 1.1686.

This high-to-low spread represents a total annual volatility of 0.3005 ARS. From a start-to-finish perspective, comparing the January average rate of 1.2469 to the December average rate of 1.3717, the exchange rate registered a net change of 10.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.4691 was up 24.67% compared to the 2013 peak of 1.1783, 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 7,345 ARS

2013 Average 4,804 ARS

Yearly Trough Low 5,843 ARS

Transaction Impact: A difference of 1,502.49 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.4801

1.2257

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 1.4069, compared to 1.4138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 1.4069

H2 Avg (Jul–Dec) 1.4138

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.2605 ARS (High: 1.4291 / Low: 1.1686). On the other end, August was the most stable month, with a tight range of 0.0142 ARS (High: 1.4589 / Low: 1.4447).

January Spread (Volatile) ±0.2605

August Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0275 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0275

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 1.4589) against the same month in 2013 (average: 0.9373), the exchange rate shifted by +0.5216 (+55.65%).

2014 Avg (June) 1.4589

2013 Avg (June) 0.9373

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4291	1.1686	1.2469
February	1.4194	1.3885	1.4021
March	1.4435	1.4148	1.4310
April	1.4587	1.4358	1.4494
May	1.4674	1.4461	1.4533
June	1.4691	1.4509	1.4589
July	1.4683	1.4364	1.4504
August	1.4589	1.4447	1.4505
September	1.4522	1.3958	1.4230
October	1.4154	1.3856	1.4028
November	1.3925	1.3755	1.3842
December	1.3938	1.3408	1.3717