YEARLY HIGH
11.5829 BTN
YEARLY LOW
10.1981 BTN
YEARLY AVERAGE
10.8731 BTN

2018 HRK to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HRK to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 11.5829. Conversely, the yearly low was recorded on January 9, dropping to 10.1981.

This high-to-low spread represents a total annual volatility of 1.3849 BTN. From a start-to-finish perspective, comparing the January average rate of 10.4422 to the December average rate of 10.8541, the exchange rate registered a net change of 3.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 11.5829 was up 11.68% compared to the 2017 peak of 10.3715, 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 57,915 BTN
2017 Average 49,245 BTN
Yearly Trough Low 50,990 BTN
Transaction Impact: A difference of 6,924.33 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

11.4853
10.3473
JanuMarcMayJulySeptNove

HRK to BTN 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 10.7138, compared to 11.0325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3187 points.

H1 Avg (Jan–Jun) 10.7138
H2 Avg (Jul–Dec) 11.0325

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.5991 BTN (High: 11.2642 / Low: 10.6651). On the other end, March was the most stable month, with a tight range of 0.1372 BTN (High: 10.8558 / Low: 10.7186).

November Spread (Volatile) ±0.5991
March Spread (Stable) ±0.1372

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 October and November, when the average rate fell by 0.3980 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3980

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 11.3904) against the same month in 2017 (average: 10.1889), the exchange rate shifted by +1.2016 (+11.79%).

2018 Avg (October) 11.3904
2017 Avg (October) 10.1889

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.6481 10.1981 10.4422
February 10.7672 10.5759 10.6882
March 10.8558 10.7186 10.7842
April 10.9682 10.7150 10.8612
May 10.9171 10.5937 10.7927
June 10.8347 10.5954 10.7142
July 10.9320 10.7889 10.8541
August 11.1188 10.5789 10.8062
September 11.5037 11.0676 11.2979
October 11.5829 11.2045 11.3904
November 11.2642 10.6651 10.9924
December 11.0826 10.7130 10.8541