2021 HRK to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 HRK to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the HRK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 238.3489. Conversely, the yearly low was recorded on November 25, dropping to 217.1943.
This high-to-low spread represents a total annual volatility of 21.1546 IQD. From a start-to-finish perspective, comparing the January average rate of 235.2978 to the December average rate of 219.4500, the exchange rate registered a net change of -6.74% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 238.3489 was up 0.12% compared to the 2020 peak of 238.0639, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HRK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
HRK to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 233.1247, compared to 225.7502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.3745 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 8.2219 IQD (High: 225.4162 / Low: 217.1943). On the other end, December was the most stable month, with a tight range of 2.6119 IQD (High: 220.8775 / Low: 218.2655).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 4.4380 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 235.2978) against the same month in 2020 (average: 177.8128), the exchange rate shifted by +57.4849 (+32.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 238.3489 | 233.4033 | 235.2978 |
| February | 234.6597 | 230.7619 | 233.2768 |
| March | 232.8149 | 226.1617 | 229.3089 |
| April | 234.3511 | 226.2982 | 230.6737 |
| May | 237.9888 | 232.5674 | 235.8131 |
| June | 237.5514 | 230.9456 | 234.3776 |
| July | 231.3788 | 227.7057 | 229.9396 |
| August | 231.1185 | 227.2800 | 229.1402 |
| September | 231.4579 | 225.5257 | 229.2658 |
| October | 226.8637 | 224.0098 | 225.3582 |
| November | 225.4162 | 217.1943 | 221.3472 |
| December | 220.8775 | 218.2655 | 219.4500 |