YEARLY HIGH
526.7348 MGA
YEARLY LOW
435.0621 MGA
YEARLY AVERAGE
472.3904 MGA

2017 HRK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HRK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 526.7348. Conversely, the yearly low was recorded on March 2, dropping to 435.0621.

This high-to-low spread represents a total annual volatility of 91.6727 MGA. From a start-to-finish perspective, comparing the January average rate of 463.2584 to the December average rate of 507.3176, the exchange rate registered a net change of 9.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 526.7348 was up 6.07% compared to the 2016 peak of 496.5957, 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 2,633,674 MGA
2016 Average 2,334,475 MGA
Yearly Trough Low 2,175,310 MGA
Transaction Impact: A difference of 458,363.69 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

512.9790
445.0421
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 462.3533, compared to 482.4276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.0743 points.

H1 Avg (Jan–Jun) 462.3533
H2 Avg (Jul–Dec) 482.4276

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 43.7492 MGA (High: 478.8113 / Low: 435.0621). On the other end, September was the most stable month, with a tight range of 10.5927 MGA (High: 482.5422 / Low: 471.9495).

March Spread (Volatile) ±43.7492
September Spread (Stable) ±10.5927

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 14.3117 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -14.3117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 507.3176) against the same month in 2016 (average: 466.2616), the exchange rate shifted by +41.0560 (+8.81%).

2017 Avg (December) 507.3176
2016 Avg (December) 466.2616

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 469.9876 456.3706 463.2584
February 465.7180 435.6341 450.7035
March 478.8113 435.0621 459.3104
April 477.5410 455.1071 460.3313
May 473.6484 458.4415 465.7983
June 487.9248 465.4647 474.7177
July 471.4304 449.9225 460.4060
August 481.5424 463.9517 473.2013
September 482.5422 471.9495 477.2555
October 488.8520 474.1664 481.8331
November 506.1738 486.7735 494.5520
December 526.7348 495.7927 507.3176