2021 HRK to GEL Historical Review

YEARLY HIGH

0.5552 GEL

YEARLY LOW

0.4611 GEL

YEARLY AVERAGE

0.5058 GEL

2021 HRK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 0.5552. Conversely, the yearly low was recorded on December 19, dropping to 0.4611.

This high-to-low spread represents a total annual volatility of 0.0941 GEL. From a start-to-finish perspective, comparing the January average rate of 0.5315 to the December average rate of 0.4655, the exchange rate registered a net change of -12.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5552 was up 3.34% compared to the 2020 peak of 0.5373, 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 2,776 GEL

2020 Average 2,360 GEL

Yearly Trough Low 2,305 GEL

Transaction Impact: A difference of 470.67 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5526

0.4576

JanuMarcMayJulySeptNove

HRK to GEL 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 0.5297, compared to 0.4820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0477 points.

H1 Avg (Jan–Jun) 0.5297

H2 Avg (Jul–Dec) 0.4820

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0317 GEL (High: 0.5304 / Low: 0.4986). On the other end, August was the most stable month, with a tight range of 0.0074 GEL (High: 0.4913 / Low: 0.4839).

June Spread (Volatile) ±0.0317

August Spread (Stable) ±0.0074

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 May and June, when the average rate fell by 0.0383 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0383

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.5446) against the same month in 2020 (average: 0.4614), the exchange rate shifted by +0.0832 (+18.04%).

2021 Avg (May) 0.5446

2020 Avg (May) 0.4614

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5402	0.5275	0.5315
February	0.5337	0.5239	0.5292
March	0.5301	0.5207	0.5237
April	0.5546	0.5318	0.5428
May	0.5552	0.5285	0.5446
June	0.5304	0.4986	0.5063
July	0.5006	0.4818	0.4920
August	0.4913	0.4839	0.4868
September	0.4925	0.4805	0.4881
October	0.4897	0.4803	0.4837
November	0.4881	0.4630	0.4757
December	0.4705	0.4611	0.4655