2022 MAD to HRK Historical Review

YEARLY HIGH

0.7336 HRK

YEARLY LOW

0.6741 HRK

YEARLY AVERAGE

0.7056 HRK

2022 MAD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MAD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 11, valuing the pair at 0.7336. Conversely, the yearly low was recorded on December 13, dropping to 0.6741.

This high-to-low spread represents a total annual volatility of 0.0596 HRK. From a start-to-finish perspective, comparing the January average rate of 0.7154 to the December average rate of 0.6775, the exchange rate registered a net change of -5.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7336 was up 1.11% compared to the 2021 peak of 0.7256, 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 3,668 HRK

2021 Average 3,541 HRK

Yearly Trough Low 3,370 HRK

Transaction Impact: A difference of 297.82 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7252

0.6732

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 0.7111, compared to 0.7002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.7111

H2 Avg (Jul–Dec) 0.7002

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0286 HRK (High: 0.7336 / Low: 0.7050). On the other end, February was the most stable month, with a tight range of 0.0079 HRK (High: 0.7122 / Low: 0.7043).

July Spread (Volatile) ±0.0286

February Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between March and July, 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 October and November, when the average rate fell by 0.0146 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 0.7208) against the same month in 2021 (average: 0.7096), the exchange rate shifted by +0.0112 (+1.58%).

2022 Avg (July) 0.7208

2021 Avg (July) 0.7096

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7189	0.7092	0.7154
February	0.7122	0.7043	0.7075
March	0.7123	0.6905	0.7065
April	0.7214	0.7038	0.7117
May	0.7205	0.7042	0.7126
June	0.7222	0.7035	0.7128
July	0.7336	0.7050	0.7208
August	0.7216	0.7002	0.7131
September	0.7198	0.6935	0.7067
October	0.7065	0.6894	0.6988
November	0.7017	0.6741	0.6842
December	0.6830	0.6741	0.6775