2022 HRK to MGA Historical Review

YEARLY HIGH

636.1648 MGA

YEARLY LOW

534.7290 MGA

YEARLY AVERAGE

577.1170 MGA

2022 HRK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HRK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 636.1648. Conversely, the yearly low was recorded on September 23, dropping to 534.7290.

This high-to-low spread represents a total annual volatility of 101.4358 MGA. From a start-to-finish perspective, comparing the January average rate of 598.8004 to the December average rate of 620.4975, the exchange rate registered a net change of 3.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 636.1648 was down 0.01% compared to the 2021 peak of 636.2104, 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 3,180,824 MGA

2021 Average 3,026,071 MGA

Yearly Trough Low 2,673,645 MGA

Transaction Impact: A difference of 507,179.04 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

627.4861

543.6226

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 581.9233, compared to 572.3108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.6125 points.

H1 Avg (Jan–Jun) 581.9233

H2 Avg (Jul–Dec) 572.3108

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 49.2628 MGA (High: 602.3028 / Low: 553.0400). On the other end, January was the most stable month, with a tight range of 15.5894 MGA (High: 605.7577 / Low: 590.1683).

November Spread (Volatile) ±49.2628

January Spread (Stable) ±15.5894

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 February and March, when the average rate fell by 15.5241 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -15.5241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 620.4975) against the same month in 2021 (average: 596.2676), the exchange rate shifted by +24.2299 (+4.06%).

2022 Avg (December) 620.4975

2021 Avg (December) 596.2676

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	605.7577	590.1683	598.8004
February	609.9045	590.6048	600.3161
March	592.4416	573.1191	584.7920
April	591.3130	557.6079	575.4370
May	575.3144	552.5657	563.4425
June	578.1737	559.2749	568.7519
July	573.2956	545.9926	561.7466
August	577.7597	545.0819	562.5915
September	562.7035	534.7290	550.6112
October	568.6106	545.0191	554.1768
November	602.3028	553.0400	584.2410
December	636.1648	605.7445	620.4975