2022 TOP to HRK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 TOP to HRK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the TOP to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 3.2362. Conversely, the yearly low was recorded on January 13, dropping to 2.8793.
This high-to-low spread represents a total annual volatility of 0.3569 HRK. From a start-to-finish perspective, comparing the January average rate of 2.9209 to the December average rate of 3.0366, the exchange rate registered a net change of 3.96% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 3.2362 was up 9.36% compared to the 2021 peak of 2.9593, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.0163, compared to 3.1280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1116 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 0.1534 HRK (High: 3.1991 / Low: 3.0457). On the other end, June was the most stable month, with a tight range of 0.0619 HRK (High: 3.0995 / Low: 3.0376).
Growth Streaks & Declines
TrendsBetween January and April, 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 November and December, when the average rate fell by 0.0548 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2022: 3.1841) against the same month in 2021 (average: 2.8271), the exchange rate shifted by +0.3571 (+12.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.9727 | 2.8793 | 2.9209 |
| February | 2.9692 | 2.8955 | 2.9300 |
| March | 3.0704 | 2.9808 | 3.0372 |
| April | 3.1255 | 3.0406 | 3.0794 |
| May | 3.1081 | 3.0341 | 3.0690 |
| June | 3.0995 | 3.0376 | 3.0614 |
| July | 3.1805 | 3.0780 | 3.1372 |
| August | 3.2271 | 3.1192 | 3.1745 |
| September | 3.2362 | 3.1396 | 3.1841 |
| October | 3.1767 | 3.0779 | 3.1439 |
| November | 3.1991 | 3.0457 | 3.0914 |
| December | 3.0733 | 3.0076 | 3.0366 |