YEARLY HIGH
0.0310 HRK
YEARLY LOW
0.0167 HRK
YEARLY AVERAGE
0.0177 HRK

2018 MRO to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MRO to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.0310. Conversely, the yearly low was recorded on February 1, dropping to 0.0167.

This high-to-low spread represents a total annual volatility of 0.0143 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0172 to the December average rate of 0.0182, the exchange rate registered a net change of 6.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0310 was up 52.90% compared to the 2017 peak of 0.0203, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 155 HRK
2017 Average 92 HRK
Yearly Trough Low 84 HRK
Transaction Impact: A difference of 71.31 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0191
0.0167
JanuMarcMayJulySeptNove

MRO 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 0.0172, compared to 0.0182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0172
H2 Avg (Jul–Dec) 0.0182

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0131 HRK (High: 0.0310 / Low: 0.0179). On the other end, July was the most stable month, with a tight range of 0.0002 HRK (High: 0.0179 / Low: 0.0177).

October Spread (Volatile) ±0.0131
July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and June, 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 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.0189) against the same month in 2017 (average: 0.0177), the exchange rate shifted by +0.0012 (+6.98%).

2018 Avg (October) 0.0189
2017 Avg (October) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0176 0.0168 0.0172
February 0.0172 0.0167 0.0169
March 0.0171 0.0168 0.0170
April 0.0172 0.0168 0.0170
May 0.0180 0.0172 0.0176
June 0.0180 0.0176 0.0178
July 0.0179 0.0177 0.0178
August 0.0183 0.0178 0.0180
September 0.0180 0.0177 0.0179
October 0.0310 0.0179 0.0189
November 0.0185 0.0182 0.0183
December 0.0183 0.0181 0.0182