2020 TOP to HRK Historical Review

YEARLY HIGH

3.0339 HRK

YEARLY LOW

2.6877 HRK

YEARLY AVERAGE

2.8731 HRK

2020 TOP to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TOP to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 3.0339. Conversely, the yearly low was recorded on December 17, dropping to 2.6877.

This high-to-low spread represents a total annual volatility of 0.3462 HRK. From a start-to-finish perspective, comparing the January average rate of 2.9190 to the December average rate of 2.7127, the exchange rate registered a net change of -7.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 3.0339 was up 1.01% compared to the 2019 peak of 3.0034, 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 15,170 HRK

2019 Average 14,465 HRK

Yearly Trough Low 13,439 HRK

Transaction Impact: A difference of 1,730.82 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3.0371

2.6832

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 2.9570, compared to 2.7893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1677 points.

H1 Avg (Jan–Jun) 2.9570

H2 Avg (Jul–Dec) 2.7893

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.1659 HRK (High: 2.9417 / Low: 2.7758). On the other end, August was the most stable month, with a tight range of 0.0365 HRK (High: 2.7957 / Low: 2.7592).

July Spread (Volatile) ±0.1659

August Spread (Stable) ±0.0365

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 3.0076) against the same month in 2019 (average: 2.8936), the exchange rate shifted by +0.1140 (+3.94%).

2020 Avg (May) 3.0076

2019 Avg (May) 2.8936

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9352	2.8966	2.9190
February	2.9817	2.8966	2.9478
March	2.9864	2.8510	2.9144
April	3.0122	2.9643	2.9911
May	3.0339	2.9777	3.0076
June	2.9842	2.9340	2.9618
July	2.9417	2.7758	2.8827
August	2.7957	2.7592	2.7825
September	2.8261	2.7758	2.8013
October	2.8027	2.7515	2.7818
November	2.7957	2.7588	2.7747
December	2.7341	2.6877	2.7127