YEARLY HIGH
0.0169 HRK
YEARLY LOW
0.0149 HRK
YEARLY AVERAGE
0.0158 HRK

2021 NGN to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0169. Conversely, the yearly low was recorded on May 25, dropping to 0.0149.

This high-to-low spread represents a total annual volatility of 0.0020 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0160 to the December average rate of 0.0162, the exchange rate registered a net change of 0.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0169 was down 13.29% compared to the 2020 peak of 0.0195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 16,906 HRK
2020 Average 17,404 HRK
Yearly Trough Low 14,872 HRK
Transaction Impact: A difference of 2,033.53 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0166
0.0150
JanuMarcMayJulySeptNove

NGN to HRK 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 0.0159, compared to 0.0157 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0001 points.

H1 Avg (JanтАУJun) 0.0159
H2 Avg (JulтАУDec) 0.0157

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0016 HRK (High: 0.0165 / Low: 0.0149). On the other end, October was the most stable month, with a tight range of 0.0002 HRK (High: 0.0158 / Low: 0.0156).

May Spread (Volatile) ┬▒0.0016
October Spread (Stable) ┬▒0.0002

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0164) against the same month in 2020 (average: 0.0185), the exchange rate shifted by -0.0020 (-11.07%).

2021 Avg (March) 0.0164
2020 Avg (March) 0.0185

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Month High Low Average
January 0.0164 0.0156 0.0160
February 0.0166 0.0151 0.0161
March 0.0169 0.0155 0.0164
April 0.0169 0.0154 0.0162
May 0.0165 0.0149 0.0153
June 0.0154 0.0149 0.0151
July 0.0156 0.0153 0.0154
August 0.0156 0.0153 0.0155
September 0.0157 0.0153 0.0155
October 0.0158 0.0156 0.0158
November 0.0164 0.0157 0.0160
December 0.0163 0.0160 0.0162