YEARLY HIGH
2344.4958 IDR
YEARLY LOW
2128.6879 IDR
YEARLY AVERAGE
2248.0073 IDR

2021 HRK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 2344.4958. Conversely, the yearly low was recorded on November 25, dropping to 2128.6879.

This high-to-low spread represents a total annual volatility of 215.8080 IDR. From a start-to-finish perspective, comparing the January average rate of 2262.6060 to the December average rate of 2152.8843, the exchange rate registered a net change of -4.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2344.4958 was down 2.40% compared to the 2020 peak of 2402.2689, 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 11,722,479 IDR
2020 Average 11,008,155 IDR
Yearly Trough Low 10,643,439 IDR
Transaction Impact: A difference of 1,079,039.76 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2326.9748
2137.0579
JanuMarcMayJulySeptNove

HRK to IDR 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 2280.0744, compared to 2215.9402 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 64.1342 points.

H1 Avg (Jan–Jun) 2280.0744
H2 Avg (Jul–Dec) 2215.9402

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 85.6541 IDR (High: 2214.3420 / Low: 2128.6879). On the other end, March was the most stable month, with a tight range of 38.5706 IDR (High: 2281.4262 / Low: 2242.8557).

November Spread (Volatile) ±85.6541
March Spread (Stable) ±38.5706

Growth Streaks & Declines

Trends

Between February and May, 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 September and October, when the average rate fell by 48.4632 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -48.4632

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 2311.1484) against the same month in 2020 (average: 2138.5529), the exchange rate shifted by +172.5955 (+8.07%).

2021 Avg (May) 2311.1484
2020 Avg (May) 2138.5529

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2300.1736 2245.6181 2262.6060
February 2283.1547 2215.4256 2244.7196
March 2281.4262 2242.8557 2259.3336
April 2322.7435 2247.7844 2297.7654
May 2344.4958 2280.8929 2311.1484
June 2319.0115 2278.2696 2304.8733
July 2311.0222 2260.6119 2286.2832
August 2291.1758 2246.9269 2258.5775
September 2258.5678 2213.6027 2239.6659
October 2211.9846 2169.0455 2191.2027
November 2214.3420 2128.6879 2167.0275
December 2175.9516 2134.2588 2152.8843