2021 HRK to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 HRK to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the HRK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 67.2405. Conversely, the yearly low was recorded on March 27, dropping to 59.1523.
This high-to-low spread represents a total annual volatility of 8.0882 NGN. From a start-to-finish perspective, comparing the January average rate of 62.4110 to the December average rate of 61.8051, the exchange rate registered a net change of -0.97% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 67.2405 was up 5.42% compared to the 2020 peak of 63.7833, 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 NGN 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 63.1041, compared to 63.6110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5069 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 6.5953 NGN (High: 67.2405 / Low: 60.6452). On the other end, October was the most stable month, with a tight range of 0.8067 NGN (High: 63.9516 / Low: 63.1449).
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 February and March, when the average rate fell by 1.3572 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 65.2730) against the same month in 2020 (average: 56.0564), the exchange rate shifted by +9.2167 (+16.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 64.1973 | 60.9549 | 62.4110 |
| February | 66.0148 | 60.3184 | 62.2659 |
| March | 64.4886 | 59.1523 | 60.9087 |
| April | 65.0989 | 59.2558 | 61.7377 |
| May | 67.2405 | 60.6452 | 65.2730 |
| June | 67.0524 | 64.8324 | 66.0283 |
| July | 65.1933 | 64.2224 | 64.8142 |
| August | 65.1850 | 64.1031 | 64.6152 |
| September | 65.3066 | 63.5299 | 64.6405 |
| October | 63.9516 | 63.1449 | 63.4594 |
| November | 63.5446 | 61.1269 | 62.3316 |
| December | 62.3241 | 61.3177 | 61.8051 |