2014 HRK to IRR Historical Review

YEARLY HIGH

4673.4397 IRR

YEARLY LOW

4282.3275 IRR

YEARLY AVERAGE

4492.5075 IRR

2014 HRK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HRK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 4673.4397. Conversely, the yearly low was recorded on December 23, dropping to 4282.3275.

This high-to-low spread represents a total annual volatility of 391.1122 IRR. From a start-to-finish perspective, comparing the January average rate of 4417.3062 to the December average rate of 4318.4675, the exchange rate registered a net change of -2.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 4673.4397 was up 3.99% compared to the 2013 peak of 4494.0748, 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 23,367,198 IRR

2013 Average 15,393,667 IRR

Yearly Trough Low 21,411,637 IRR

Transaction Impact: A difference of 1,955,561.14 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

4641.1444

4289.1333

JanuMarcMayJulySeptNove

HRK to IRR 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 4524.9333, compared to 4460.0817 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 64.8516 points.

H1 Avg (Jan–Jun) 4524.9333

H2 Avg (Jul–Dec) 4460.0817

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 185.5875 IRR (High: 4588.1232 / Low: 4402.5357). On the other end, November was the most stable month, with a tight range of 52.1090 IRR (High: 4365.9409 / Low: 4313.8318).

September Spread (Volatile) ±185.5875

November Spread (Stable) ±52.1090

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 103.5918 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -103.5918

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 4611.8101) against the same month in 2013 (average: 2106.2427), the exchange rate shifted by +2505.5674 (+118.96%).

2014 Avg (May) 4611.8101

2013 Avg (May) 2106.2427

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4471.3333	4381.8696	4417.3062
February	4478.8438	4377.5884	4432.0150
March	4548.6735	4469.2169	4512.5668
April	4646.0635	4535.7597	4584.7815
May	4673.4397	4572.7647	4611.8101
June	4624.8813	4566.5477	4591.1201
July	4623.9248	4565.2844	4593.6257
August	4629.0970	4560.1049	4599.3299
September	4588.1232	4402.5357	4495.7381
October	4449.9505	4362.3890	4409.0966
November	4365.9409	4313.8318	4344.2323
December	4379.0339	4282.3275	4318.4675