2020 MAD to HRK Historical Review

YEARLY HIGH

0.7264 HRK

YEARLY LOW

0.6660 HRK

YEARLY AVERAGE

0.6964 HRK

2020 MAD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.7264. Conversely, the yearly low was recorded on December 14, dropping to 0.6660.

This high-to-low spread represents a total annual volatility of 0.0604 HRK. From a start-to-finish perspective, comparing the January average rate of 0.6978 to the December average rate of 0.6898, the exchange rate registered a net change of -1.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7264 was up 3.70% compared to the 2019 peak of 0.7005, 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 3,632 HRK

2019 Average 3,446 HRK

Yearly Trough Low 3,330 HRK

Transaction Impact: A difference of 302.05 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7090

0.6854

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 0.6999, compared to 0.6929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.6999

H2 Avg (Jul–Dec) 0.6929

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0425 HRK (High: 0.7264 / Low: 0.6839). On the other end, November was the most stable month, with a tight range of 0.0086 HRK (High: 0.7043 / Low: 0.6957).

March Spread (Volatile) ±0.0425

November Spread (Stable) ±0.0086

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 March and April, when the average rate fell by 0.0175 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.7070) against the same month in 2019 (average: 0.6834), the exchange rate shifted by +0.0236 (+3.45%).

2020 Avg (March) 0.7070

2019 Avg (March) 0.6834

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7008	0.6905	0.6978
February	0.7090	0.6983	0.7057
March	0.7264	0.6839	0.7070
April	0.7047	0.6804	0.6895
May	0.7111	0.6961	0.7048
June	0.7012	0.6891	0.6948
July	0.6942	0.6751	0.6881
August	0.6948	0.6777	0.6873
September	0.6996	0.6883	0.6939
October	0.7038	0.6934	0.6991
November	0.7043	0.6957	0.6991
December	0.6950	0.6660	0.6898