YEARLY HIGH
1.3027 MOP
YEARLY LOW
1.1958 MOP
YEARLY AVERAGE
1.2580 MOP

2021 HRK to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 1.3027. Conversely, the yearly low was recorded on November 24, dropping to 1.1958.

This high-to-low spread represents a total annual volatility of 0.1069 MOP. From a start-to-finish perspective, comparing the January average rate of 1.2856 to the December average rate of 1.2075, the exchange rate registered a net change of -6.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.3027 was up 0.13% compared to the 2020 peak of 1.3010, 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 6,513 MOP
2020 Average 6,049 MOP
Yearly Trough Low 5,979 MOP
Transaction Impact: A difference of 534.39 MOP purely based on transaction execution date.

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1.2996
1.1991
JanuMarcMayJulySeptNove

HRK to MOP 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 1.2759, compared to 1.2400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0358 points.

H1 Avg (Jan–Jun) 1.2759
H2 Avg (Jul–Dec) 1.2400

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0424 MOP (High: 1.2382 / Low: 1.1958). On the other end, December was the most stable month, with a tight range of 0.0139 MOP (High: 1.2155 / Low: 1.2016).

November Spread (Volatile) Âą0.0424
December Spread (Stable) Âą0.0139

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 June and July, when the average rate fell by 0.0223 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 1.2912) against the same month in 2020 (average: 1.1499), the exchange rate shifted by +0.1414 (+12.29%).

2021 Avg (May) 1.2912
2020 Avg (May) 1.1499

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Month High Low Average
January 1.3025 1.2767 1.2856
February 1.2832 1.2613 1.2754
March 1.2743 1.2399 1.2553
April 1.2833 1.2420 1.2644
May 1.3027 1.2733 1.2912
June 1.3003 1.2648 1.2834
July 1.2681 1.2489 1.2611
August 1.2684 1.2500 1.2588
September 1.2702 1.2394 1.2587
October 1.2452 1.2297 1.2370
November 1.2382 1.1958 1.2172
December 1.2155 1.2016 1.2075