YEARLY HIGH
59.8455 MRO
YEARLY LOW
32.2870 MRO
YEARLY AVERAGE
56.5915 MRO

2018 HRK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HRK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 59.8455. Conversely, the yearly low was recorded on October 8, dropping to 32.2870.

This high-to-low spread represents a total annual volatility of 27.5585 MRO. From a start-to-finish perspective, comparing the January average rate of 58.2420 to the December average rate of 54.8493, the exchange rate registered a net change of -5.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 59.8455 was up 1.01% compared to the 2017 peak of 59.2459, 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 299,227 MRO
2017 Average 272,575 MRO
Yearly Trough Low 161,435 MRO
Transaction Impact: A difference of 137,792.55 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

59.5332
53.2328
JanuMarcMayJulySeptNove

HRK to MRO 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 58.0308, compared to 55.1522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8786 points.

H1 Avg (Jan–Jun) 58.0308
H2 Avg (Jul–Dec) 55.1522

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 23.5190 MRO (High: 55.8060 / Low: 32.2870). On the other end, December was the most stable month, with a tight range of 0.6258 MRO (High: 55.2409 / Low: 54.6151).

October Spread (Volatile) ±23.5190
December Spread (Stable) ±0.6258

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.2412 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.2412

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 59.0081) against the same month in 2017 (average: 51.3349), the exchange rate shifted by +7.6733 (+14.95%).

2018 Avg (February) 59.0081
2017 Avg (February) 51.3349

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59.5575 56.6893 58.2420
February 59.8455 58.2537 59.0081
March 59.4761 58.5920 58.9830
April 59.5248 58.0140 58.8038
May 58.0353 55.5833 56.8948
June 56.8589 55.6809 56.2528
July 56.6190 55.9851 56.2778
August 56.2028 54.5935 55.4073
September 56.6090 55.5274 55.9990
October 55.8060 32.2870 53.7578
November 55.0501 53.9679 54.6219
December 55.2409 54.6151 54.8493