YEARLY HIGH
0.5863 HRK
YEARLY LOW
0.5599 HRK
YEARLY AVERAGE
0.5745 HRK

2021 BWP to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BWP to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 0.5863. Conversely, the yearly low was recorded on January 7, dropping to 0.5599.

This high-to-low spread represents a total annual volatility of 0.0264 HRK. From a start-to-finish perspective, comparing the January average rate of 0.5663 to the December average rate of 0.5674, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5863 was down 6.93% compared to the 2020 peak of 0.6300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,931 HRK
2020 Average 2,891 HRK
Yearly Trough Low 2,799 HRK
Transaction Impact: A difference of 132.05 HRK purely based on transaction execution date.

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0.5828
0.5648
JanuMarcMayJulySeptNove

BWP 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 0.5761, compared to 0.5729 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.5761
H2 Avg (Jul–Dec) 0.5729

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0161 HRK (High: 0.5793 / Low: 0.5632). On the other end, December was the most stable month, with a tight range of 0.0100 HRK (High: 0.5720 / Low: 0.5621).

November Spread (Volatile) Âą0.0161
December Spread (Stable) Âą0.0100

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 0.0052 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.5813) against the same month in 2020 (average: 0.5746), the exchange rate shifted by +0.0067 (+1.16%).

2021 Avg (June) 0.5813
2020 Avg (June) 0.5746

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Month High Low Average
January 0.5738 0.5599 0.5663
February 0.5809 0.5701 0.5748
March 0.5831 0.5697 0.5765
April 0.5849 0.5744 0.5810
May 0.5835 0.5701 0.5764
June 0.5863 0.5756 0.5813
July 0.5836 0.5694 0.5767
August 0.5798 0.5643 0.5718
September 0.5814 0.5675 0.5750
October 0.5814 0.5680 0.5757
November 0.5793 0.5632 0.5706
December 0.5720 0.5621 0.5674