2011 PEN to HRK Historical Review

YEARLY HIGH

2.1642 HRK

YEARLY LOW

1.7477 HRK

YEARLY AVERAGE

1.9425 HRK

2011 PEN to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PEN to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 2.1642. Conversely, the yearly low was recorded on May 2, dropping to 1.7477.

This high-to-low spread represents a total annual volatility of 0.4165 HRK. From a start-to-finish perspective, comparing the January average rate of 1.9858 to the December average rate of 2.1142, the exchange rate registered a net change of 6.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.1642 was up 7.17% compared to the 2010 peak of 2.0193, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,821 HRK

2010 Average 9,159 HRK

Yearly Trough Low 8,739 HRK

Transaction Impact: A difference of 2,082.32 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.1446

1.7791

JanuMarcMayJulySeptNove

PEN 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 1.8962, compared to 1.9887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0925 points.

H1 Avg (Jan–Jun) 1.8962

H2 Avg (Jul–Dec) 1.9887

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.1744 HRK (High: 1.9221 / Low: 1.7477). On the other end, August was the most stable month, with a tight range of 0.0349 HRK (High: 1.9159 / Low: 1.8810).

May Spread (Volatile) ±0.1744

August Spread (Stable) ±0.0349

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0905 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0905

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 2.1142) against the same month in 2010 (average: 1.8606), the exchange rate shifted by +0.2535 (+13.63%).

2011 Avg (December) 2.1142

2010 Avg (December) 1.8606

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0422	1.9498	1.9858
February	1.9916	1.9325	1.9598
March	1.9352	1.8513	1.9001
April	1.8564	1.7564	1.8096
May	1.9221	1.7477	1.8589
June	1.9027	1.8207	1.8632
July	1.9406	1.8554	1.8966
August	1.9159	1.8810	1.9005
September	2.0145	1.9177	1.9831
October	2.0451	1.9532	1.9952
November	2.0884	2.0054	2.0425
December	2.1642	2.0608	2.1142