YEARLY HIGH
0.0688 HRK
YEARLY LOW
0.0656 HRK
YEARLY AVERAGE
0.0680 HRK

2021 CVE to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 0.0688. Conversely, the yearly low was recorded on June 28, dropping to 0.0656.

This high-to-low spread represents a total annual volatility of 0.0032 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0683 to the December average rate of 0.0679, the exchange rate registered a net change of -0.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0688 was down 1.42% compared to the 2020 peak of 0.0698, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 344 HRK
2020 Average 340 HRK
Yearly Trough Low 328 HRK
Transaction Impact: A difference of 15.99 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0685
0.0677
JanuMarcMayJulySeptNove

CVE 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 0.0682, compared to 0.0679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0682
H2 Avg (Jul–Dec) 0.0679

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0031 HRK (High: 0.0687 / Low: 0.0656). On the other end, December was the most stable month, with a tight range of 0.0005 HRK (High: 0.0681 / Low: 0.0676).

June Spread (Volatile) ±0.0031
December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0680) against the same month in 2020 (average: 0.0683), the exchange rate shifted by -0.0002 (-0.32%).

2021 Avg (November) 0.0680
2020 Avg (November) 0.0683

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0685 0.0679 0.0683
February 0.0687 0.0681 0.0684
March 0.0686 0.0681 0.0684
April 0.0688 0.0678 0.0683
May 0.0687 0.0671 0.0679
June 0.0687 0.0656 0.0677
July 0.0681 0.0674 0.0677
August 0.0683 0.0674 0.0679
September 0.0681 0.0676 0.0678
October 0.0684 0.0675 0.0679
November 0.0688 0.0677 0.0680
December 0.0681 0.0676 0.0679