2014 HRK to TOP Historical Review

YEARLY HIGH

0.3395 TOP

YEARLY LOW

0.3116 TOP

YEARLY AVERAGE

0.3282 TOP

2014 HRK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HRK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.3395. Conversely, the yearly low was recorded on December 29, dropping to 0.3116.

This high-to-low spread represents a total annual volatility of 0.0280 TOP. From a start-to-finish perspective, comparing the January average rate of 0.3323 to the December average rate of 0.3152, the exchange rate registered a net change of -5.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3395 was up 1.11% compared to the 2013 peak of 0.3358, 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 1,698 TOP

2013 Average 1,571 TOP

Yearly Trough Low 1,558 TOP

Transaction Impact: A difference of 139.83 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3372

0.3132

JanuMarcMayJulySeptNove

HRK to TOP 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 0.3336, compared to 0.3229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.3336

H2 Avg (Jul–Dec) 0.3229

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0113 TOP (High: 0.3255 / Low: 0.3142). On the other end, February was the most stable month, with a tight range of 0.0047 TOP (High: 0.3356 / Low: 0.3309).

September Spread (Volatile) ±0.0113

February Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.0083 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.3351) against the same month in 2013 (average: 0.2998), the exchange rate shifted by +0.0353 (+11.77%).

2014 Avg (May) 0.3351

2013 Avg (May) 0.2998

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3361	0.3296	0.3323
February	0.3356	0.3309	0.3336
March	0.3383	0.3284	0.3352
April	0.3389	0.3281	0.3317
May	0.3395	0.3319	0.3351
June	0.3373	0.3312	0.3336
July	0.3322	0.3216	0.3277
August	0.3305	0.3194	0.3242
September	0.3255	0.3142	0.3222
October	0.3301	0.3198	0.3245
November	0.3265	0.3177	0.3235
December	0.3208	0.3116	0.3152