2014 SAR to HRK Historical Review

YEARLY HIGH

1.6852 HRK

YEARLY LOW

1.4538 HRK

YEARLY AVERAGE

1.5342 HRK

2014 SAR to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SAR to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.6852. Conversely, the yearly low was recorded on May 6, dropping to 1.4538.

This high-to-low spread represents a total annual volatility of 0.2313 HRK. From a start-to-finish perspective, comparing the January average rate of 1.4941 to the December average rate of 1.6598, the exchange rate registered a net change of 11.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.6852 was up 6.50% compared to the 2013 peak of 1.5824, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,426 HRK

2013 Average 7,609 HRK

Yearly Trough Low 7,269 HRK

Transaction Impact: A difference of 1,156.65 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.6785

1.4535

JanuMarcMayJulySeptNove

SAR 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 1.4828, compared to 1.5856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1027 points.

H1 Avg (Jan–Jun) 1.4828

H2 Avg (Jul–Dec) 1.5856

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0685 HRK (High: 1.6128 / Low: 1.5443). On the other end, June was the most stable month, with a tight range of 0.0165 HRK (High: 1.4926 / Low: 1.4761).

September Spread (Volatile) ±0.0685

June Spread (Stable) ±0.0165

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 February and March, when the average rate fell by 0.0180 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.6598) against the same month in 2013 (average: 1.4861), the exchange rate shifted by +0.1736 (+11.68%).

2014 Avg (December) 1.6598

2013 Avg (December) 1.4861

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5101	1.4769	1.4941
February	1.5126	1.4806	1.4946
March	1.4859	1.4661	1.4766
April	1.4859	1.4626	1.4722
May	1.4886	1.4538	1.4745
June	1.4926	1.4761	1.4850
July	1.5207	1.4768	1.4989
August	1.5471	1.5173	1.5279
September	1.6128	1.5443	1.5771
October	1.6288	1.5960	1.6108
November	1.6506	1.6289	1.6388
December	1.6852	1.6346	1.6598