YEARLY HIGH
0.0023 HRK
YEARLY LOW
0.0019 HRK
YEARLY AVERAGE
0.0021 HRK

2017 MGA to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MGA to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 0.0023. Conversely, the yearly low was recorded on December 31, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0004 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0020, the exchange rate registered a net change of -8.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0023 was up 0.52% compared to the 2016 peak of 0.0023, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11 HRK
2016 Average 11 HRK
Yearly Trough Low 9 HRK
Transaction Impact: A difference of 2.00 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0022
0.0019
JanuMarcMayJulySeptNove

MGA 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 0.0022, compared to 0.0021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0022
H2 Avg (Jul–Dec) 0.0021

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0002 HRK (High: 0.0023 / Low: 0.0021). On the other end, September was the most stable month, with a tight range of 0.0000 HRK (High: 0.0021 / Low: 0.0021).

March Spread (Volatile) ±0.0002
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.0022) against the same month in 2016 (average: 0.0021), the exchange rate shifted by +0.0001 (+2.98%).

2017 Avg (March) 0.0022
2016 Avg (March) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0022 0.0021 0.0022
February 0.0023 0.0021 0.0022
March 0.0023 0.0021 0.0022
April 0.0022 0.0021 0.0022
May 0.0022 0.0021 0.0021
June 0.0021 0.0020 0.0021
July 0.0022 0.0021 0.0022
August 0.0022 0.0021 0.0021
September 0.0021 0.0021 0.0021
October 0.0021 0.0020 0.0021
November 0.0021 0.0020 0.0020
December 0.0020 0.0019 0.0020