2021 HRK to BTN Historical Review

YEARLY HIGH

11.9686 BTN

YEARLY LOW

11.0696 BTN

YEARLY AVERAGE

11.6043 BTN

2021 HRK to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 11.9686. Conversely, the yearly low was recorded on November 24, dropping to 11.0696.

This high-to-low spread represents a total annual volatility of 0.8990 BTN. From a start-to-finish perspective, comparing the January average rate of 11.7651 to the December average rate of 11.3180, the exchange rate registered a net change of -3.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.9686 was down 0.28% compared to the 2020 peak of 12.0016, 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 59,843 BTN

2020 Average 56,083 BTN

Yearly Trough Low 55,348 BTN

Transaction Impact: A difference of 4,495.00 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.8734

11.2376

JanuMarcMayJulySeptNove

HRK to BTN 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 11.6925, compared to 11.5162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1763 points.

H1 Avg (Jan–Jun) 11.6925

H2 Avg (Jul–Dec) 11.5162

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.5809 BTN (High: 11.9686 / Low: 11.3877). On the other end, May was the most stable month, with a tight range of 0.1498 BTN (High: 11.8973 / Low: 11.7475).

April Spread (Volatile) ±0.5809

May Spread (Stable) ±0.1498

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2684 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2684

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 11.7449) against the same month in 2020 (average: 10.8978), the exchange rate shifted by +0.8471 (+7.77%).

2021 Avg (April) 11.7449

2020 Avg (April) 10.8978

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.9268	11.6475	11.7651
February	11.6807	11.5069	11.6059
March	11.6927	11.2576	11.4107
April	11.9686	11.3877	11.7449
May	11.8973	11.7475	11.8204
June	11.8942	11.6875	11.8079
July	11.8138	11.6157	11.7369
August	11.7721	11.4953	11.6440
September	11.6459	11.4632	11.5486
October	11.6471	11.4566	11.5590
November	11.5410	11.0696	11.2906
December	11.4599	11.2006	11.3180