YEARLY HIGH
2.4913 TRY
YEARLY LOW
1.1092 TRY
YEARLY AVERAGE
1.3905 TRY

2021 HRK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.4913. Conversely, the yearly low was recorded on February 17, dropping to 1.1092.

This high-to-low spread represents a total annual volatility of 1.3821 TRY. From a start-to-finish perspective, comparing the January average rate of 1.1909 to the December average rate of 2.0224, the exchange rate registered a net change of 69.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.4913 was up 86.04% compared to the 2020 peak of 1.3391, 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 12,457 TRY
2020 Average 5,332 TRY
Yearly Trough Low 5,546 TRY
Transaction Impact: A difference of 6,910.59 TRY purely based on transaction execution date.

āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āϚāĻŋāĻ¤ā§āϰāĻžāϝāĻŧāύ

2021 āϏāĻžāϞ āϜ⧁āĻĄāĻŧ⧇ āĻŽāĻžāϏāĻŋāĻ• āĻ—āĻĄāĻŧ āĻ“āĻ āĻžāύāĻžāĻŽāĻžāĨ¤

2.1112
1.0457
JanuMarcMayJulySeptNove

HRK to TRY 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 1.2612, compared to 1.5199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2586 points.

H1 Avg (Jan–Jun) 1.2612
H2 Avg (Jul–Dec) 1.5199

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.8797 TRY (High: 2.4913 / Low: 1.6116). On the other end, January was the most stable month, with a tight range of 0.0361 TRY (High: 1.2043 / Low: 1.1681).

December Spread (Volatile) Âą0.8797
January Spread (Stable) Âą0.0361

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0564 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0564

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.0224) against the same month in 2020 (average: 1.2432), the exchange rate shifted by +0.7792 (+62.67%).

2021 Avg (December) 2.0224
2020 Avg (December) 1.2432

āĻŽāĻžāϏāĻŋāĻ• āĻŦāĻŋāĻļā§āϞ⧇āώāĻŖ

āĻĒā§āϰāϤāĻŋāϟāĻŋ āĻ•ā§āϝāĻžāϞ⧇āĻ¨ā§āĻĄāĻžāϰ āĻŽāĻžāϏ⧇āϰ āĻĒāϰāĻŋāϏāĻ‚āĻ–ā§āϝāĻžāύāĻ—āϤ āϏāĻžāϰāϏāĻ‚āĻ•ā§āώ⧇āĻĒāĨ¤

Month High Low Average
January 1.2043 1.1681 1.1909
February 1.1837 1.1092 1.1345
March 1.2900 1.1344 1.2078
April 1.3452 1.2611 1.2931
May 1.3908 1.3200 1.3546
June 1.4081 1.3554 1.3864
July 1.3773 1.3360 1.3549
August 1.3539 1.3117 1.3313
September 1.3873 1.3115 1.3461
October 1.5043 1.3648 1.4268
November 2.0330 1.4708 1.6376
December 2.4913 1.6116 2.0224