2020 HRK to TOP Historical Review

YEARLY HIGH

0.3721 TOP

YEARLY LOW

0.3296 TOP

YEARLY AVERAGE

0.3485 TOP

2020 HRK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HRK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.3721. Conversely, the yearly low was recorded on May 11, dropping to 0.3296.

This high-to-low spread represents a total annual volatility of 0.0425 TOP. From a start-to-finish perspective, comparing the January average rate of 0.3426 to the December average rate of 0.3686, the exchange rate registered a net change of 7.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3721 was up 5.50% compared to the 2019 peak of 0.3527, 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 1,860 TOP

2019 Average 1,728 TOP

Yearly Trough Low 1,648 TOP

Transaction Impact: A difference of 212.26 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3723

0.3289

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 0.3382, compared to 0.3587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0204 points.

H1 Avg (Jan–Jun) 0.3382

H2 Avg (Jul–Dec) 0.3587

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0203 TOP (High: 0.3603 / Low: 0.3399). On the other end, January was the most stable month, with a tight range of 0.0045 TOP (High: 0.3452 / Low: 0.3407).

July Spread (Volatile) ±0.0203

January Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.0088 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.3686) against the same month in 2019 (average: 0.3434), the exchange rate shifted by +0.0253 (+7.36%).

2020 Avg (December) 0.3686

2019 Avg (December) 0.3434

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3452	0.3407	0.3426
February	0.3452	0.3354	0.3393
March	0.3507	0.3349	0.3432
April	0.3374	0.3320	0.3343
May	0.3358	0.3296	0.3325
June	0.3408	0.3351	0.3376
July	0.3603	0.3399	0.3470
August	0.3624	0.3577	0.3594
September	0.3603	0.3538	0.3570
October	0.3634	0.3568	0.3595
November	0.3625	0.3577	0.3604
December	0.3721	0.3657	0.3686