2011 HRK to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 HRK to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the HRK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 255.3487. Conversely, the yearly low was recorded on January 11, dropping to 217.7222.
This high-to-low spread represents a total annual volatility of 37.6265 MNT. From a start-to-finish perspective, comparing the January average rate of 224.8025 to the December average rate of 239.2278, the exchange rate registered a net change of 6.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 255.3487 was down 13.22% compared to the 2010 peak of 294.2472, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HRK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
HRK to MNT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 234.4116, compared to 235.9082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4966 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was May, with a trading range of 25.6364 MNT (High: 255.3487 / Low: 229.7123). On the other end, February was the most stable month, with a tight range of 5.0455 MNT (High: 232.3243 / Low: 227.2788).
Growth Streaks & Declines
TrendsBetween January and April, 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 August and September, when the average rate fell by 5.6678 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2011: 238.2668) against the same month in 2010 (average: 240.2165), the exchange rate shifted by -1.9497 (-0.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 228.9492 | 217.7222 | 224.8025 |
| February | 232.3243 | 227.2788 | 229.6510 |
| March | 236.0208 | 227.3964 | 231.9242 |
| April | 253.6011 | 228.7969 | 238.5646 |
| May | 255.3487 | 229.7123 | 238.2668 |
| June | 246.5428 | 238.4297 | 243.2605 |
| July | 244.2874 | 232.4340 | 239.0845 |
| August | 241.7192 | 231.6790 | 236.1523 |
| September | 238.9087 | 225.9683 | 230.4845 |
| October | 244.2399 | 222.2394 | 234.7963 |
| November | 241.4622 | 232.3759 | 235.7039 |
| December | 242.0543 | 235.6514 | 239.2278 |