YEARLY HIGH
0.0020 HRK
YEARLY LOW
0.0018 HRK
YEARLY AVERAGE
0.0019 HRK

2018 MGA to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MGA to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 0.0020. Conversely, the yearly low was recorded on December 1, dropping to 0.0018.

This high-to-low spread represents a total annual volatility of 0.0002 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0019 to the December average rate of 0.0018, the exchange rate registered a net change of -2.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0020 was down 14.08% compared to the 2017 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 10 HRK
2017 Average 11 HRK
Yearly Trough Low 9 HRK
Transaction Impact: A difference of 1.01 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0020
0.0018
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 0.0019, compared to 0.0019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0019
H2 Avg (Jul–Dec) 0.0019

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 0.0001 HRK (High: 0.0020 / Low: 0.0018). On the other end, April was the most stable month, with a tight range of 0.0001 HRK (High: 0.0019 / Low: 0.0019).

February Spread (Volatile) ±0.0001
April Spread (Stable) ±0.0001

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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0019) against the same month in 2017 (average: 0.0021), the exchange rate shifted by -0.0002 (-7.92%).

2018 Avg (August) 0.0019
2017 Avg (August) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0019 0.0019 0.0019
February 0.0020 0.0018 0.0019
March 0.0020 0.0019 0.0019
April 0.0019 0.0019 0.0019
May 0.0019 0.0019 0.0019
June 0.0019 0.0018 0.0019
July 0.0019 0.0019 0.0019
August 0.0020 0.0019 0.0019
September 0.0019 0.0018 0.0019
October 0.0019 0.0018 0.0018
November 0.0019 0.0018 0.0018
December 0.0019 0.0018 0.0018