YEARLY HIGH
6.8286 MUR
YEARLY LOW
6.2464 MUR
YEARLY AVERAGE
6.5314 MUR

2021 HRK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 6.8286. Conversely, the yearly low was recorded on March 8, dropping to 6.2464.

This high-to-low spread represents a total annual volatility of 0.5822 MUR. From a start-to-finish perspective, comparing the January average rate of 6.3596 to the December average rate of 6.5466, the exchange rate registered a net change of 2.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.8286 was up 5.53% compared to the 2020 peak of 6.4706, 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 34,143 MUR
2020 Average 29,716 MUR
Yearly Trough Low 31,232 MUR
Transaction Impact: A difference of 2,910.84 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.7906
6.2586
JanuMarcMayJulySeptNove

HRK to MUR 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 6.4209, compared to 6.6419 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2210 points.

H1 Avg (Jan–Jun) 6.4209
H2 Avg (Jul–Dec) 6.6419

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.3378 MUR (High: 6.8046 / Low: 6.4667). On the other end, March was the most stable month, with a tight range of 0.1225 MUR (High: 6.3690 / Low: 6.2464).

June Spread (Volatile) ±0.3378
March Spread (Stable) ±0.1225

Growth Streaks & Declines

Trends

Between March and July, 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 September and October, when the average rate fell by 0.0683 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0683

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 6.7463) against the same month in 2020 (average: 6.0820), the exchange rate shifted by +0.6643 (+10.92%).

2021 Avg (July) 6.7463
2020 Avg (July) 6.0820

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.4245 6.2967 6.3596
February 6.4113 6.2734 6.3490
March 6.3690 6.2464 6.3030
April 6.5208 6.2730 6.3902
May 6.7304 6.4182 6.5466
June 6.8046 6.4667 6.5769
July 6.8286 6.6486 6.7463
August 6.7881 6.6140 6.6963
September 6.7970 6.5889 6.6808
October 6.7070 6.5360 6.6125
November 6.6945 6.4616 6.5691
December 6.6593 6.4385 6.5466