2021 HRK to BGN Historical Review

YEARLY HIGH

0.2617 BGN

YEARLY LOW

0.2570 BGN

YEARLY AVERAGE

0.2598 BGN

2021 HRK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 0.2617. Conversely, the yearly low was recorded on February 27, dropping to 0.2570.

This high-to-low spread represents a total annual volatility of 0.0047 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2586 to the December average rate of 0.2601, the exchange rate registered a net change of 0.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2617 was down 0.55% compared to the 2020 peak of 0.2632, 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 1,309 BGN

2020 Average 1,297 BGN

Yearly Trough Low 1,285 BGN

Transaction Impact: A difference of 23.65 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2612

0.2578

JanuMarcMayJulySeptNove

HRK to BGN 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 0.2590, compared to 0.2605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.2590

H2 Avg (Jul–Dec) 0.2605

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0024 BGN (High: 0.2613 / Low: 0.2589). On the other end, August was the most stable month, with a tight range of 0.0009 BGN (High: 0.2613 / Low: 0.2605).

May Spread (Volatile) ±0.0024

August Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.2609) against the same month in 2020 (average: 0.2584), the exchange rate shifted by +0.0024 (+0.94%).

2021 Avg (June) 0.2609

2020 Avg (June) 0.2584

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2592	0.2579	0.2586
February	0.2589	0.2570	0.2582
March	0.2588	0.2575	0.2581
April	0.2592	0.2579	0.2585
May	0.2613	0.2589	0.2600
June	0.2617	0.2602	0.2609
July	0.2615	0.2594	0.2607
August	0.2613	0.2605	0.2609
September	0.2615	0.2593	0.2608
October	0.2613	0.2595	0.2604
November	0.2604	0.2592	0.2600
December	0.2610	0.2597	0.2601