2018 HRK to TOP Historical Review

YEARLY HIGH

0.3759 TOP

YEARLY LOW

0.3445 TOP

YEARLY AVERAGE

0.3618 TOP

2018 HRK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HRK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.3759. Conversely, the yearly low was recorded on December 16, dropping to 0.3445.

This high-to-low spread represents a total annual volatility of 0.0313 TOP. From a start-to-finish perspective, comparing the January average rate of 0.3687 to the December average rate of 0.3499, the exchange rate registered a net change of -5.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3759 was up 2.64% compared to the 2017 peak of 0.3662, 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 1,879 TOP

2017 Average 1,715 TOP

Yearly Trough Low 1,723 TOP

Transaction Impact: A difference of 156.66 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3706

0.3480

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 0.3661, compared to 0.3575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.3661

H2 Avg (Jul–Dec) 0.3575

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0145 TOP (High: 0.3759 / Low: 0.3614). On the other end, July was the most stable month, with a tight range of 0.0055 TOP (High: 0.3690 / Low: 0.3635).

January Spread (Volatile) ±0.0145

July Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0069 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.3687) against the same month in 2017 (average: 0.3249), the exchange rate shifted by +0.0438 (+13.48%).

2018 Avg (January) 0.3687

2017 Avg (January) 0.3249

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3759	0.3614	0.3687
February	0.3741	0.3629	0.3676
March	0.3721	0.3654	0.3687
April	0.3715	0.3616	0.3678
May	0.3678	0.3555	0.3622
June	0.3649	0.3562	0.3613
July	0.3690	0.3635	0.3659
August	0.3641	0.3528	0.3590
September	0.3664	0.3594	0.3623
October	0.3605	0.3504	0.3567
November	0.3533	0.3467	0.3510
December	0.3533	0.3445	0.3499