YEARLY HIGH
6871.9296 IRR
YEARLY LOW
6289.8231 IRR
YEARLY AVERAGE
6624.2491 IRR

2021 HRK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 6871.9296. Conversely, the yearly low was recorded on November 24, dropping to 6289.8231.

This high-to-low spread represents a total annual volatility of 582.1065 IRR. From a start-to-finish perspective, comparing the January average rate of 6776.1396 to the December average rate of 6351.7675, the exchange rate registered a net change of -6.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 6871.9296 was down 30.51% compared to the 2020 peak of 9889.6826, 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 34,359,648 IRR
2020 Average 31,937,259 IRR
Yearly Trough Low 31,449,116 IRR
Transaction Impact: A difference of 2,910,532.42 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6842.9485
6307.1147
JanuMarcMayJulySeptNove

HRK to IRR 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: JanтАУJun) was 6720.1744, compared to 6528.3239 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 191.8505 points.

H1 Avg (JanтАУJun) 6720.1744
H2 Avg (JulтАУDec) 6528.3239

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 236.2813 IRR (High: 6526.1044 / Low: 6289.8231). On the other end, December was the most stable month, with a tight range of 80.7320 IRR (High: 6395.6127 / Low: 6314.8807).

November Spread (Volatile) ┬▒236.2813
December Spread (Stable) ┬▒80.7320

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 117.6722 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -117.6722

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 6776.1396) against the same month in 2020 (average: 6280.8016), the exchange rate shifted by +495.3380 (+7.89%).

2021 Avg (January) 6776.1396
2020 Avg (January) 6280.8016

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 6871.9296 6730.2313 6776.1396
February 6765.4857 6654.1817 6723.7981
March 6713.0626 6520.6281 6609.8103
April 6758.9694 6537.6740 6653.4757
May 6863.4163 6705.6856 6798.2957
June 6850.2400 6657.9696 6759.5268
July 6679.9619 6583.0366 6641.8547
August 6678.1880 6569.1340 6621.2217
September 6694.4529 6522.4780 6628.3829
October 6568.1062 6474.2075 6517.8887
November 6526.1044 6289.8231 6408.8279
December 6395.6127 6314.8807 6351.7675