2014 HRK to MGA Historical Review

YEARLY HIGH

452.9407 MGA

YEARLY LOW

400.6175 MGA

YEARLY AVERAGE

429.4032 MGA

2014 HRK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HRK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 452.9407. Conversely, the yearly low was recorded on January 4, dropping to 400.6175.

This high-to-low spread represents a total annual volatility of 52.3231 MGA. From a start-to-finish perspective, comparing the January average rate of 404.5210 to the December average rate of 417.3967, the exchange rate registered a net change of 3.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 452.9407 was up 10.98% compared to the 2013 peak of 408.1325, 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 2,264,703 MGA

2013 Average 1,940,133 MGA

Yearly Trough Low 2,003,088 MGA

Transaction Impact: A difference of 261,615.65 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

450.8423

400.3100

JanuMarcMayJulySeptNove

HRK to MGA 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 421.8840, compared to 436.9223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.0383 points.

H1 Avg (Jan–Jun) 421.8840

H2 Avg (Jul–Dec) 436.9223

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 23.0469 MGA (High: 432.1578 / Low: 409.1109). On the other end, January was the most stable month, with a tight range of 7.1501 MGA (High: 407.7676 / Low: 400.6175).

December Spread (Volatile) ±23.0469

January Spread (Stable) ±7.1501

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 23.3172 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -23.3172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 446.6313) against the same month in 2013 (average: 398.6084), the exchange rate shifted by +48.0229 (+12.05%).

2014 Avg (October) 446.6313

2013 Avg (October) 398.6084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	407.7676	400.6175	404.5210
February	422.0557	405.5442	414.5339
March	427.8471	419.3299	423.6951
April	433.1442	420.6158	427.1034
May	436.7449	423.5328	429.7498
June	437.1206	425.5727	431.7011
July	442.3231	432.6353	437.0964
August	445.5308	432.6314	440.0995
September	443.5144	432.6902	439.5963
October	452.9407	437.3475	446.6313
November	446.2816	434.4448	440.7139
December	432.1578	409.1109	417.3967