YEARLY HIGH
0.9041 HRK
YEARLY LOW
0.7615 HRK
YEARLY AVERAGE
0.8244 HRK

2011 MMK to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MMK to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.9041. Conversely, the yearly low was recorded on April 29, dropping to 0.7615.

This high-to-low spread represents a total annual volatility of 0.1426 HRK. From a start-to-finish perspective, comparing the January average rate of 0.8507 to the December average rate of 0.8805, the exchange rate registered a net change of 3.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.9041 was down 3.00% compared to the 2010 peak of 0.9320, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,520 HRK
2010 Average 4,227 HRK
Yearly Trough Low 3,807 HRK
Transaction Impact: A difference of 712.95 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.8903
0.7729
JanuMarcMayJulySeptNove

MMK 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 0.8105, compared to 0.8384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0278 points.

H1 Avg (Jan–Jun) 0.8105
H2 Avg (Jul–Dec) 0.8384

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0651 HRK (High: 0.8780 / Low: 0.8129). On the other end, February was the most stable month, with a tight range of 0.0216 HRK (High: 0.8466 / Low: 0.8250).

October Spread (Volatile) ±0.0651
February Spread (Stable) ±0.0216

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0282 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0282

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.8805) against the same month in 2010 (average: 0.8587), the exchange rate shifted by +0.0217 (+2.53%).

2011 Avg (December) 0.8805
2010 Avg (December) 0.8587

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8801 0.8305 0.8507
February 0.8466 0.8250 0.8347
March 0.8250 0.7972 0.8109
April 0.8004 0.7615 0.7827
May 0.8136 0.7620 0.7932
June 0.8069 0.7799 0.7910
July 0.8175 0.7833 0.8014
August 0.8167 0.7922 0.8053
September 0.8684 0.8043 0.8439
October 0.8780 0.8129 0.8438
November 0.8834 0.8360 0.8553
December 0.9041 0.8549 0.8805