2011 HRK to CVE Historical Review

YEARLY HIGH

15.0008 CVE

YEARLY LOW

14.6119 CVE

YEARLY AVERAGE

14.8278 CVE

2011 HRK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HRK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 15.0008. Conversely, the yearly low was recorded on December 3, dropping to 14.6119.

This high-to-low spread represents a total annual volatility of 0.3889 CVE. From a start-to-finish perspective, comparing the January average rate of 14.9007 to the December average rate of 14.6839, the exchange rate registered a net change of -1.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 15.0008 was down 3.28% compared to the 2010 peak of 15.5094, 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 75,004 CVE

2010 Average 75,660 CVE

Yearly Trough Low 73,060 CVE

Transaction Impact: A difference of 1,944.63 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

15.0056

14.6547

JanuMarcMayJulySeptNove

HRK to CVE 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 14.9070, compared to 14.7487 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1583 points.

H1 Avg (Jan–Jun) 14.9070

H2 Avg (Jul–Dec) 14.7487

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.2023 CVE (High: 14.9764 / Low: 14.7741). On the other end, April was the most stable month, with a tight range of 0.0475 CVE (High: 14.9976 / Low: 14.9501).

June Spread (Volatile) ±0.2023

April Spread (Stable) ±0.0475

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0988 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0988

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 14.9260) against the same month in 2010 (average: 15.1872), the exchange rate shifted by -0.2612 (-1.72%).

2011 Avg (March) 14.9260

2010 Avg (March) 15.1872

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.9662	14.8188	14.9007
February	14.9110	14.8355	14.8711
March	15.0008	14.8503	14.9260
April	14.9976	14.9501	14.9763
May	14.9754	14.8060	14.8775
June	14.9764	14.7741	14.8902
July	14.9312	14.7530	14.8517
August	14.8390	14.7219	14.7781
September	14.7720	14.6303	14.7125
October	14.7845	14.6848	14.7416
November	14.8273	14.6600	14.7241
December	14.7312	14.6119	14.6839