2021 GEL to HRK Historical Review

YEARLY HIGH

2.1687 HRK

YEARLY LOW

1.8010 HRK

YEARLY AVERAGE

1.9825 HRK

2021 GEL to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.1687. Conversely, the yearly low was recorded on May 8, dropping to 1.8010.

This high-to-low spread represents a total annual volatility of 0.3677 HRK. From a start-to-finish perspective, comparing the January average rate of 1.8815 to the December average rate of 2.1484, the exchange rate registered a net change of 14.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1687 was down 12.01% compared to the 2020 peak of 2.4646, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,844 HRK

2020 Average 10,656 HRK

Yearly Trough Low 9,005 HRK

Transaction Impact: A difference of 1,838.44 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.1796

1.8054

JanuMarcMayJulySeptNove

GEL 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 1.8892, compared to 2.0757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1865 points.

H1 Avg (Jan–Jun) 1.8892

H2 Avg (Jul–Dec) 2.0757

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.1200 HRK (High: 2.0055 / Low: 1.8854). On the other end, August was the most stable month, with a tight range of 0.0312 HRK (High: 2.0665 / Low: 2.0354).

June Spread (Volatile) ±0.1200

August Spread (Stable) ±0.0312

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 0.0668 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0668

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.1484) against the same month in 2020 (average: 1.8807), the exchange rate shifted by +0.2677 (+14.23%).

2021 Avg (December) 2.1484

2020 Avg (December) 1.8807

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8958	1.8511	1.8815
February	1.9088	1.8737	1.8896
March	1.9206	1.8863	1.9094
April	1.8804	1.8030	1.8427
May	1.8921	1.8010	1.8365
June	2.0055	1.8854	1.9755
July	2.0756	1.9977	2.0327
August	2.0665	2.0354	2.0542
September	2.0814	2.0305	2.0489
October	2.0822	2.0421	2.0673
November	2.1599	2.0487	2.1027
December	2.1687	2.1256	2.1484