YEARLY HIGH
563.9427 MGA
YEARLY LOW
506.3447 MGA
YEARLY AVERAGE
531.6128 MGA

2018 HRK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HRK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 563.9427. Conversely, the yearly low was recorded on August 11, dropping to 506.3447.

This high-to-low spread represents a total annual volatility of 57.5980 MGA. From a start-to-finish perspective, comparing the January average rate of 532.1270 to the December average rate of 545.6178, the exchange rate registered a net change of 2.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 563.9427 was up 7.06% compared to the 2017 peak of 526.7348, 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 2,819,713 MGA
2017 Average 2,362,606 MGA
Yearly Trough Low 2,531,723 MGA
Transaction Impact: A difference of 287,989.98 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

554.1190
510.2801
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 527.5844, compared to 535.6412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.0568 points.

H1 Avg (Jan–Jun) 527.5844
H2 Avg (Jul–Dec) 535.6412

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 31.1638 MGA (High: 542.5200 / Low: 511.3562). On the other end, April was the most stable month, with a tight range of 14.8675 MGA (High: 538.3671 / Low: 523.4996).

February Spread (Volatile) ±31.1638
April Spread (Stable) ±14.8675

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 14.5316 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -14.5316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 545.6178) against the same month in 2017 (average: 507.3176), the exchange rate shifted by +38.3002 (+7.55%).

2018 Avg (December) 545.6178
2017 Avg (December) 507.3176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 538.9765 521.5669 532.1270
February 542.5200 511.3562 526.1894
March 535.7618 509.1305 522.4851
April 538.3671 523.4996 531.9822
May 529.4379 512.9020 521.1252
June 543.6260 523.0794 531.5973
July 536.8262 516.5535 528.4650
August 523.8183 506.3447 513.9333
September 541.5084 520.4741 533.4253
October 553.0606 532.2925 541.9401
November 562.4364 540.0809 550.4658
December 563.9427 536.1600 545.6178