YEARLY HIGH
8.9660 HRK
YEARLY LOW
8.3476 HRK
YEARLY AVERAGE
8.7568 HRK

2021 FKP to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 8.9660. Conversely, the yearly low was recorded on January 6, dropping to 8.3476.

This high-to-low spread represents a total annual volatility of 0.6184 HRK. From a start-to-finish perspective, comparing the January average rate of 8.4782 to the December average rate of 8.8551, the exchange rate registered a net change of 4.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 8.9660 was down 0.15% compared to the 2020 peak of 8.9791, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44,830 HRK
2020 Average 42,401 HRK
Yearly Trough Low 41,738 HRK
Transaction Impact: A difference of 3,091.78 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

8.9026
8.4396
JanuMarcMayJulySeptNove

FKP 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 8.6998, compared to 8.8139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1141 points.

H1 Avg (Jan–Jun) 8.6998
H2 Avg (Jul–Dec) 8.8139

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.2849 HRK (High: 8.9602 / Low: 8.6754). On the other end, June was the most stable month, with a tight range of 0.0917 HRK (High: 8.7831 / Low: 8.6913).

April Spread (Volatile) ±0.2849
June Spread (Stable) ±0.0917

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.0719 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0719

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 8.8551) against the same month in 2020 (average: 8.3316), the exchange rate shifted by +0.5235 (+6.28%).

2021 Avg (December) 8.8551
2020 Avg (December) 8.3316

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.5694 8.3476 8.4782
February 8.8139 8.5788 8.6879
March 8.9003 8.7521 8.8281
April 8.9602 8.6754 8.7562
May 8.7770 8.6645 8.7188
June 8.7831 8.6913 8.7295
July 8.8175 8.6987 8.7649
August 8.8522 8.7219 8.7862
September 8.8028 8.6795 8.7492
October 8.9296 8.7610 8.8640
November 8.9606 8.7716 8.8639
December 8.9660 8.7616 8.8551