2019 MAD to HRK Historical Review

YEARLY HIGH

0.7005 HRK

YEARLY LOW

0.6769 HRK

YEARLY AVERAGE

0.6891 HRK

2019 MAD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MAD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.7005. Conversely, the yearly low was recorded on January 1, dropping to 0.6769.

This high-to-low spread represents a total annual volatility of 0.0237 HRK. From a start-to-finish perspective, comparing the January average rate of 0.6825 to the December average rate of 0.6961, the exchange rate registered a net change of 1.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7005 was up 1.49% compared to the 2018 peak of 0.6902, 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 3,503 HRK

2018 Average 3,348 HRK

Yearly Trough Low 3,384 HRK

Transaction Impact: A difference of 118.35 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6989

0.6809

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 0.6841, compared to 0.6941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.6841

H2 Avg (Jul–Dec) 0.6941

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 0.0109 HRK (High: 0.7005 / Low: 0.6896). On the other end, April was the most stable month, with a tight range of 0.0051 HRK (High: 0.6887 / Low: 0.6836).

September Spread (Volatile) ±0.0109

April Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0028 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.6946) against the same month in 2018 (average: 0.6781), the exchange rate shifted by +0.0165 (+2.43%).

2019 Avg (September) 0.6946

2018 Avg (September) 0.6781

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6852	0.6769	0.6825
February	0.6882	0.6791	0.6848
March	0.6860	0.6788	0.6834
April	0.6887	0.6836	0.6864
May	0.6884	0.6826	0.6853
June	0.6891	0.6790	0.6824
July	0.6912	0.6812	0.6872
August	0.6992	0.6892	0.6930
September	0.7005	0.6896	0.6946
October	0.6988	0.6935	0.6964
November	0.7002	0.6943	0.6974
December	0.6992	0.6923	0.6961