YEARLY HIGH
1.7861 BWP
YEARLY LOW
1.7056 BWP
YEARLY AVERAGE
1.7409 BWP

2021 HRK to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 1.7861. Conversely, the yearly low was recorded on June 16, dropping to 1.7056.

This high-to-low spread represents a total annual volatility of 0.0805 BWP. From a start-to-finish perspective, comparing the January average rate of 1.7658 to the December average rate of 1.7623, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.7861 was down 4.55% compared to the 2020 peak of 1.8712, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,930 BWP
2020 Average 8,662 BWP
Yearly Trough Low 8,528 BWP
Transaction Impact: A difference of 402.29 BWP purely based on transaction execution date.

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1.7703
1.7159
JanuMarcMayJulySeptNove

HRK to BWP 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 1.7361, compared to 1.7457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 1.7361
H2 Avg (Jul–Dec) 1.7457

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0493 BWP (High: 1.7756 / Low: 1.7263). On the other end, December was the most stable month, with a tight range of 0.0310 BWP (High: 1.7791 / Low: 1.7481).

November Spread (Volatile) Âą0.0493
December Spread (Stable) Âą0.0310

Growth Streaks & Declines

Trends

Between June and August, 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 January and February, when the average rate fell by 0.0261 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.7658) against the same month in 2020 (average: 1.5997), the exchange rate shifted by +0.1661 (+10.38%).

2021 Avg (January) 1.7658
2020 Avg (January) 1.5997

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Month High Low Average
January 1.7861 1.7429 1.7658
February 1.7542 1.7214 1.7397
March 1.7554 1.7149 1.7348
April 1.7408 1.7097 1.7212
May 1.7541 1.7138 1.7350
June 1.7372 1.7056 1.7204
July 1.7564 1.7135 1.7340
August 1.7723 1.7246 1.7490
September 1.7622 1.7199 1.7391
October 1.7604 1.7200 1.7369
November 1.7756 1.7263 1.7527
December 1.7791 1.7481 1.7623