2021 HRK to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 HRK to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the HRK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 129.9724. Conversely, the yearly low was recorded on November 24, dropping to 121.4704.
This high-to-low spread represents a total annual volatility of 8.5021 MWK. From a start-to-finish perspective, comparing the January average rate of 124.4061 to the December average rate of 122.5145, the exchange rate registered a net change of -1.52% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 129.9724 was up 3.60% compared to the 2020 peak of 125.4503, 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 MWK 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 125.3610, compared to 125.8036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4426 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 5.5308 MWK (High: 127.3275 / Low: 121.7967). On the other end, December was the most stable month, with a tight range of 1.2392 MWK (High: 123.1467 / Low: 121.9075).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 2.2357 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 128.0117) against the same month in 2020 (average: 106.0560), the exchange rate shifted by +21.9557 (+20.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 125.7354 | 123.2930 | 124.4061 |
| February | 125.3059 | 121.8266 | 124.2421 |
| March | 124.3932 | 121.4893 | 122.8512 |
| April | 127.3275 | 121.7967 | 124.3481 |
| May | 129.9724 | 126.1712 | 128.0117 |
| June | 129.8857 | 125.7116 | 128.3067 |
| July | 128.7625 | 126.1014 | 127.3169 |
| August | 128.7090 | 126.4456 | 127.5484 |
| September | 128.8970 | 125.9958 | 127.7315 |
| October | 126.7833 | 125.2240 | 125.9731 |
| November | 125.9297 | 121.4704 | 123.7373 |
| December | 123.1467 | 121.9075 | 122.5145 |