YEARLY HIGH
1.8449 HRK
YEARLY LOW
1.6828 HRK
YEARLY AVERAGE
1.7472 HRK

2021 QAR to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 1.8449. Conversely, the yearly low was recorded on January 6, dropping to 1.6828.

This high-to-low spread represents a total annual volatility of 0.1621 HRK. From a start-to-finish perspective, comparing the January average rate of 1.7061 to the December average rate of 1.8273, the exchange rate registered a net change of 7.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.8449 was down 6.00% compared to the 2020 peak of 1.9627, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,224 HRK
2020 Average 9,080 HRK
Yearly Trough Low 8,414 HRK
Transaction Impact: A difference of 810.35 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.8400
1.6882
JanuMarcMayJulySeptNove

QAR 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: Jan–Jun) was 1.7208, compared to 1.7737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0528 points.

H1 Avg (Jan–Jun) 1.7208
H2 Avg (Jul–Dec) 1.7737

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0725 HRK (High: 1.7851 / Low: 1.7126). On the other end, December was the most stable month, with a tight range of 0.0217 HRK (High: 1.8372 / Low: 1.8154).

September Spread (Volatile) ±0.0725
December Spread (Stable) ±0.0217

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0377 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0377

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 1.8105) against the same month in 2020 (average: 1.7536), the exchange rate shifted by +0.0570 (+3.25%).

2021 Avg (November) 1.8105
2020 Avg (November) 1.7536

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7176 1.6828 1.7061
February 1.7380 1.7093 1.7199
March 1.7735 1.7226 1.7492
April 1.7702 1.7109 1.7385
May 1.7245 1.6849 1.7008
June 1.7369 1.6881 1.7105
July 1.7587 1.7053 1.7400
August 1.7607 1.7063 1.7412
September 1.7851 1.7126 1.7444
October 1.7899 1.7667 1.7785
November 1.8449 1.7781 1.8105
December 1.8372 1.8154 1.8273