2018 MAD to HRK Historical Review

YEARLY HIGH

0.6902 HRK

YEARLY LOW

0.6514 HRK

YEARLY AVERAGE

0.6694 HRK

2018 MAD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.6902. Conversely, the yearly low was recorded on February 3, dropping to 0.6514.

This high-to-low spread represents a total annual volatility of 0.0388 HRK. From a start-to-finish perspective, comparing the January average rate of 0.6586 to the December average rate of 0.6824, the exchange rate registered a net change of 3.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6902 was down 3.12% compared to the 2017 peak of 0.7125, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MAD based on timing:

Yearly Peak High 3,451 HRK

2017 Average 3,407 HRK

Yearly Trough Low 3,257 HRK

Transaction Impact: A difference of 194.24 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6903

0.6522

JanuMarcMayJulySeptNove

MAD to HRK 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 0.6595, compared to 0.6794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0200 points.

H1 Avg (Jan–Jun) 0.6595

H2 Avg (Jul–Dec) 0.6794

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0131 HRK (High: 0.6655 / Low: 0.6525). On the other end, July was the most stable month, with a tight range of 0.0047 HRK (High: 0.6711 / Low: 0.6664).

January Spread (Volatile) ±0.0131

July Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0048 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.6872) against the same month in 2017 (average: 0.6800), the exchange rate shifted by +0.0072 (+1.06%).

2018 Avg (November) 0.6872

2017 Avg (November) 0.6800

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6655	0.6525	0.6586
February	0.6598	0.6514	0.6553
March	0.6595	0.6534	0.6566
April	0.6601	0.6534	0.6563
May	0.6695	0.6585	0.6638
June	0.6686	0.6626	0.6661
July	0.6711	0.6664	0.6690
August	0.6838	0.6710	0.6788
September	0.6800	0.6742	0.6781
October	0.6868	0.6784	0.6813
November	0.6902	0.6846	0.6872
December	0.6862	0.6764	0.6824