2022 NGN to HRK Historical Review

YEARLY HIGH

0.0181 HRK

YEARLY LOW

0.0157 HRK

YEARLY AVERAGE

0.0169 HRK

2022 NGN to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0181. Conversely, the yearly low was recorded on December 31, dropping to 0.0157.

This high-to-low spread represents a total annual volatility of 0.0024 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0161 to the December average rate of 0.0160, the exchange rate registered a net change of -0.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0181 was up 7.19% compared to the 2021 peak of 0.0169, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 18,121 HRK

2021 Average 15,797 HRK

Yearly Trough Low 15,716 HRK

Transaction Impact: A difference of 2,404.39 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0179

0.0158

JanuMarcMayJulySeptNove

NGN 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 0.0166, compared to 0.0172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0166

H2 Avg (Jul–Dec) 0.0172

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0013 HRK (High: 0.0176 / Low: 0.0163). On the other end, January was the most stable month, with a tight range of 0.0004 HRK (High: 0.0163 / Low: 0.0159).

November Spread (Volatile) ±0.0013

January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0177) against the same month in 2021 (average: 0.0155), the exchange rate shifted by +0.0022 (+14.53%).

2022 Avg (September) 0.0177

2021 Avg (September) 0.0155

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0163	0.0159	0.0161
February	0.0162	0.0158	0.0160
March	0.0168	0.0163	0.0165
April	0.0174	0.0164	0.0168
May	0.0174	0.0169	0.0172
June	0.0174	0.0169	0.0171
July	0.0180	0.0173	0.0176
August	0.0179	0.0173	0.0176
September	0.0181	0.0173	0.0177
October	0.0179	0.0172	0.0176
November	0.0176	0.0163	0.0167
December	0.0163	0.0157	0.0160