2018 TOP to HRK Historical Review

YEARLY HIGH

2.9025 HRK

YEARLY LOW

2.6606 HRK

YEARLY AVERAGE

2.7652 HRK

2018 TOP to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 2.9025. Conversely, the yearly low was recorded on January 27, dropping to 2.6606.

This high-to-low spread represents a total annual volatility of 0.2420 HRK. From a start-to-finish perspective, comparing the January average rate of 2.7122 to the December average rate of 2.8584, the exchange rate registered a net change of 5.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.9025 was down 7.59% compared to the 2017 peak of 3.1408, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,513 HRK

2017 Average 14,599 HRK

Yearly Trough Low 13,303 HRK

Transaction Impact: A difference of 1,209.76 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.8730

2.6975

JanuMarcMayJulySeptNove

TOP 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 2.7321, compared to 2.7984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0663 points.

H1 Avg (Jan–Jun) 2.7321

H2 Avg (Jul–Dec) 2.7984

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.1065 HRK (High: 2.7671 / Low: 2.6606). On the other end, July was the most stable month, with a tight range of 0.0411 HRK (High: 2.7508 / Low: 2.7097).

January Spread (Volatile) ±0.1065

July Spread (Stable) ±0.0411

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.0348 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0348

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.8584) against the same month in 2017 (average: 2.7799), the exchange rate shifted by +0.0784 (+2.82%).

2018 Avg (December) 2.8584

2017 Avg (December) 2.7799

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7671	2.6606	2.7122
February	2.7556	2.6732	2.7203
March	2.7364	2.6872	2.7121
April	2.7657	2.6921	2.7188
May	2.8127	2.7188	2.7612
June	2.8077	2.7408	2.7680
July	2.7508	2.7097	2.7332
August	2.8341	2.7469	2.7858
September	2.7826	2.7294	2.7605
October	2.8540	2.7743	2.8033
November	2.8846	2.8303	2.8490
December	2.9025	2.8308	2.8584