YEARLY HIGH
8.7970 GMD
YEARLY LOW
7.0368 GMD
YEARLY AVERAGE
7.7419 GMD

2022 HRK to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HRK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 8.7970. Conversely, the yearly low was recorded on September 26, dropping to 7.0368.

This high-to-low spread represents a total annual volatility of 1.7601 GMD. From a start-to-finish perspective, comparing the January average rate of 7.9450 to the December average rate of 8.7107, the exchange rate registered a net change of 9.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 8.7970 was up 4.26% compared to the 2021 peak of 8.4379, 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 43,985 GMD
2021 Average 40,465 GMD
Yearly Trough Low 35,184 GMD
Transaction Impact: A difference of 8,800.64 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

8.8594
7.0741
JanuMarcMayJulySeptNove

HRK to GMD 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 7.7687, compared to 7.7151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0536 points.

H1 Avg (Jan–Jun) 7.7687
H2 Avg (Jul–Dec) 7.7151

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.9822 GMD (High: 8.5624 / Low: 7.5802). On the other end, December was the most stable month, with a tight range of 0.1739 GMD (High: 8.7970 / Low: 8.6231).

November Spread (Volatile) ±0.9822
December Spread (Stable) ±0.1739

Growth Streaks & Declines

Trends

Between September and December, 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 0.2674 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2674

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 8.7107) against the same month in 2021 (average: 7.8945), the exchange rate shifted by +0.8161 (+10.34%).

2022 Avg (December) 8.7107
2021 Avg (December) 7.8945

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.0678 7.7815 7.9450
February 8.0740 7.8647 7.9980
March 7.9505 7.6593 7.7841
April 7.8747 7.4709 7.7183
May 7.7070 7.3949 7.5708
June 7.7212 7.4970 7.5959
July 7.4970 7.2135 7.3285
August 7.4724 7.2000 7.3229
September 7.3357 7.0368 7.2229
October 7.7782 7.1726 7.4084
November 8.5624 7.5802 8.2975
December 8.7970 8.6231 8.7107