YEARLY HIGH
0.7765 HRK
YEARLY LOW
0.7094 HRK
YEARLY AVERAGE
0.7406 HRK

2021 NOK to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.7765. Conversely, the yearly low was recorded on July 20, dropping to 0.7094.

This high-to-low spread represents a total annual volatility of 0.0671 HRK. From a start-to-finish perspective, comparing the January average rate of 0.7292 to the December average rate of 0.7416, the exchange rate registered a net change of 1.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7765 was up 2.34% compared to the 2020 peak of 0.7587, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 3,883 HRK
2020 Average 3,517 HRK
Yearly Trough Low 3,547 HRK
Transaction Impact: A difference of 335.75 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7697
0.7148
JanuMarcMayJulySeptNove

NOK 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 0.7418, compared to 0.7395 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0023 points.

H1 Avg (JanтАУJun) 0.7418
H2 Avg (JulтАУDec) 0.7395

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0374 HRK (High: 0.7705 / Low: 0.7331). On the other end, April was the most stable month, with a tight range of 0.0145 HRK (High: 0.7621 / Low: 0.7476).

November Spread (Volatile) ┬▒0.0374
April Spread (Stable) ┬▒0.0145

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.0156 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.7651) against the same month in 2020 (average: 0.6926), the exchange rate shifted by +0.0725 (+10.47%).

2021 Avg (October) 0.7651
2020 Avg (October) 0.6926

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

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Month High Low Average
January 0.7394 0.7158 0.7292
February 0.7440 0.7251 0.7361
March 0.7555 0.7350 0.7472
April 0.7621 0.7476 0.7538
May 0.7547 0.7342 0.7456
June 0.7450 0.7281 0.7388
July 0.7370 0.7094 0.7232
August 0.7326 0.7096 0.7194
September 0.7465 0.7264 0.7351
October 0.7765 0.7493 0.7651
November 0.7705 0.7331 0.7524
December 0.7550 0.7268 0.7416