2021 HRK to MVR Historical Review

YEARLY HIGH

2.5177 MVR

YEARLY LOW

2.2926 MVR

YEARLY AVERAGE

2.4250 MVR

2021 HRK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 2.5177. Conversely, the yearly low was recorded on November 24, dropping to 2.2926.

This high-to-low spread represents a total annual volatility of 0.2251 MVR. From a start-to-finish perspective, comparing the January average rate of 2.4790 to the December average rate of 2.3205, the exchange rate registered a net change of -6.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.5177 was up 0.35% compared to the 2020 peak of 2.5090, 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 12,589 MVR

2020 Average 11,683 MVR

Yearly Trough Low 11,463 MVR

Transaction Impact: A difference of 1,125.50 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.5060

2.3036

JanuMarcMayJulySeptNove

HRK to MVR 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 2.4622, compared to 2.3878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0744 points.

H1 Avg (Jan–Jun) 2.4622

H2 Avg (Jul–Dec) 2.3878

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0938 MVR (High: 2.3865 / Low: 2.2926). On the other end, December was the most stable month, with a tight range of 0.0329 MVR (High: 2.3346 / Low: 2.3018).

November Spread (Volatile) ±0.0938

December Spread (Stable) ±0.0329

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 June and July, when the average rate fell by 0.0503 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 2.4892) against the same month in 2020 (average: 2.2292), the exchange rate shifted by +0.2600 (+11.66%).

2021 Avg (May) 2.4892

2020 Avg (May) 2.2292

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5151	2.4616	2.4790
February	2.4745	2.4338	2.4602
March	2.4553	2.3927	2.4234
April	2.4809	2.4005	2.4418
May	2.5177	2.4454	2.4892
June	2.5166	2.4277	2.4794
July	2.4467	2.4050	2.4290
August	2.4446	2.4097	2.4261
September	2.4511	2.3868	2.4243
October	2.4018	2.3629	2.3845
November	2.3865	2.2926	2.3423
December	2.3346	2.3018	2.3205