YEARLY HIGH
4.8186 ETB
YEARLY LOW
4.2928 ETB
YEARLY AVERAGE
4.4074 ETB

2019 HRK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HRK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 4.8186. Conversely, the yearly low was recorded on March 7, dropping to 4.2928.

This high-to-low spread represents a total annual volatility of 0.5258 ETB. From a start-to-finish perspective, comparing the January average rate of 4.3593 to the December average rate of 4.7011, the exchange rate registered a net change of 7.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 4.8186 was up 3.86% compared to the 2018 peak of 4.6395, 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 24,093 ETB
2018 Average 22,022 ETB
Yearly Trough Low 21,464 ETB
Transaction Impact: A difference of 2,629.15 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

4.7367
4.3092
JanuMarcMayJulySeptNove

HRK to ETB 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 4.3651, compared to 4.4498 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0847 points.

H1 Avg (Jan–Jun) 4.3651
H2 Avg (Jul–Dec) 4.4498

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.2967 ETB (High: 4.8186 / Low: 4.5219). On the other end, February was the most stable month, with a tight range of 0.0751 ETB (High: 4.4061 / Low: 4.3310).

December Spread (Volatile) ±0.2967
February Spread (Stable) ±0.0751

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.0214 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0214

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 4.7011) against the same month in 2018 (average: 4.3322), the exchange rate shifted by +0.3689 (+8.52%).

2019 Avg (December) 4.7011
2018 Avg (December) 4.3322

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.4184 4.2964 4.3593
February 4.4061 4.3310 4.3588
March 4.3805 4.2928 4.3449
April 4.3937 4.3067 4.3528
May 4.4094 4.3217 4.3578
June 4.4734 4.3305 4.4168
July 4.4515 4.3289 4.3954
August 4.4363 4.3504 4.3904
September 4.4022 4.3160 4.3712
October 4.4549 4.3055 4.3956
November 4.5330 4.3728 4.4450
December 4.8186 4.5219 4.7011