2020 HRK to BTN Historical Review

YEARLY HIGH

12.0016 BTN

YEARLY LOW

10.3603 BTN

YEARLY AVERAGE

11.2136 BTN

2020 HRK to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HRK to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 12.0016. Conversely, the yearly low was recorded on February 19, dropping to 10.3603.

This high-to-low spread represents a total annual volatility of 1.6413 BTN. From a start-to-finish perspective, comparing the January average rate of 10.6254 to the December average rate of 11.8843, the exchange rate registered a net change of 11.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.0016 was up 8.52% compared to the 2019 peak of 11.0598, 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 60,008 BTN

2019 Average 53,090 BTN

Yearly Trough Low 51,801 BTN

Transaction Impact: A difference of 8,206.71 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.0261

10.3242

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 10.8333, compared to 11.5940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7606 points.

H1 Avg (Jan–Jun) 10.8333

H2 Avg (Jul–Dec) 11.5940

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.7947 BTN (High: 11.2476 / Low: 10.4529). On the other end, September was the most stable month, with a tight range of 0.2146 BTN (High: 11.5597 / Low: 11.3451).

March Spread (Volatile) ±0.7947

September Spread (Stable) ±0.2146

Growth Streaks & Declines

Trends

Between May and August, 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 0.2784 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2784

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 11.8843) against the same month in 2019 (average: 10.6265), the exchange rate shifted by +1.2578 (+11.84%).

2020 Avg (December) 11.8843

2019 Avg (December) 10.6265

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.8075	10.5497	10.6254
February	10.6578	10.3603	10.4661
March	11.2476	10.4529	10.8594
April	11.0315	10.7406	10.8978
May	11.0708	10.7624	10.8907
June	11.4187	11.0661	11.2608
July	11.8522	11.1063	11.4050
August	11.9091	11.5750	11.7494
September	11.5597	11.3451	11.4710
October	11.5321	11.3172	11.4247
November	11.7207	11.4472	11.6295
December	12.0016	11.7764	11.8843