2014 PEN to HRK Historical Review

YEARLY HIGH

2.1228 HRK

YEARLY LOW

1.9441 HRK

YEARLY AVERAGE

2.0263 HRK

2014 PEN to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PEN to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 2.1228. Conversely, the yearly low was recorded on May 6, dropping to 1.9441.

This high-to-low spread represents a total annual volatility of 0.1787 HRK. From a start-to-finish perspective, comparing the January average rate of 1.9944 to the December average rate of 2.1027, the exchange rate registered a net change of 5.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.1228 was down 7.43% compared to the 2013 peak of 2.2931, 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 10,614 HRK

2013 Average 10,576 HRK

Yearly Trough Low 9,720 HRK

Transaction Impact: A difference of 893.72 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.1156

1.9603

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 1.9855, compared to 2.0671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0816 points.

H1 Avg (Jan–Jun) 1.9855

H2 Avg (Jul–Dec) 2.0671

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0699 HRK (High: 2.0139 / Low: 1.9441). On the other end, August was the most stable month, with a tight range of 0.0174 HRK (High: 2.0441 / Low: 2.0267).

May Spread (Volatile) ±0.0699

August Spread (Stable) ±0.0174

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0186 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 2.1024) against the same month in 2013 (average: 2.0223), the exchange rate shifted by +0.0801 (+3.96%).

2014 Avg (November) 2.1024

2013 Avg (November) 2.0223

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0074	1.9791	1.9944
February	2.0075	1.9820	1.9919
March	1.9901	1.9571	1.9733
April	1.9905	1.9547	1.9776
May	2.0139	1.9441	1.9820
June	2.0117	1.9798	1.9939
July	2.0433	1.9803	2.0178
August	2.0441	2.0267	2.0362
September	2.0922	2.0316	2.0639
October	2.1006	2.0642	2.0797
November	2.1228	2.0841	2.1024
December	2.1220	2.0658	2.1027