YEARLY HIGH
58.6730 NGN
YEARLY LOW
42.4666 NGN
YEARLY AVERAGE
50.6267 NGN

2017 HRK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HRK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 58.6730. Conversely, the yearly low was recorded on January 9, dropping to 42.4666.

This high-to-low spread represents a total annual volatility of 16.2064 NGN. From a start-to-finish perspective, comparing the January average rate of 44.2072 to the December average rate of 56.5701, the exchange rate registered a net change of 27.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 58.6730 was up 11.39% compared to the 2016 peak of 52.6727, 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 293,365 NGN
2016 Average 189,198 NGN
Yearly Trough Low 212,333 NGN
Transaction Impact: A difference of 81,032.16 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

58.5923
42.8994
JanuMarcMayJulySeptNove

HRK to NGN 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 45.8746, compared to 55.3788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.5042 points.

H1 Avg (Jan–Jun) 45.8746
H2 Avg (Jul–Dec) 55.3788

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 8.3876 NGN (High: 58.6730 / Low: 50.2854). On the other end, October was the most stable month, with a tight range of 1.3677 NGN (High: 56.8299 / Low: 55.4621).

August Spread (Volatile) ±8.3876
October Spread (Stable) ±1.3677

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.0567 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -1.0567

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 56.9776) against the same month in 2016 (average: 48.3081), the exchange rate shifted by +8.6695 (+17.95%).

2017 Avg (August) 56.9776
2016 Avg (August) 48.3081

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.4370 42.4666 44.2072
February 45.8416 44.1182 45.0769
March 46.0205 44.3049 45.2252
April 46.2198 43.7554 45.2971
May 49.1398 46.1011 47.1990
June 53.8080 47.4158 48.2423
July 54.4919 47.3467 49.2806
August 58.6730 50.2854 56.9776
September 58.5326 55.9920 57.2846
October 56.8299 55.4621 56.2278
November 56.8858 54.8409 55.9321
December 58.0205 55.9357 56.5701