YEARLY HIGH
15.5401 ARS
YEARLY LOW
13.6438 ARS
YEARLY AVERAGE
14.9214 ARS

2021 HRK to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 15.5401. Conversely, the yearly low was recorded on January 3, dropping to 13.6438.

This high-to-low spread represents a total annual volatility of 1.8962 ARS. From a start-to-finish perspective, comparing the January average rate of 13.8227 to the December average rate of 15.3069, the exchange rate registered a net change of 10.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 15.5401 was up 13.36% compared to the 2020 peak of 13.7086, 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 77,700 ARS
2020 Average 53,617 ARS
Yearly Trough Low 68,219 ARS
Transaction Impact: A difference of 9,481.09 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

15.5861
13.6624
JanuMarcMayJulySeptNove

HRK to ARS 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 14.5636, compared to 15.2792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7156 points.

H1 Avg (Jan–Jun) 14.5636
H2 Avg (Jul–Dec) 15.2792

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.8162 ARS (High: 15.0017 / Low: 14.1855). On the other end, July was the most stable month, with a tight range of 0.2576 ARS (High: 15.3011 / Low: 15.0434).

April Spread (Volatile) ±0.8162
July Spread (Stable) ±0.2576

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1209 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1209

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 15.4258) against the same month in 2020 (average: 11.7422), the exchange rate shifted by +3.6836 (+31.37%).

2021 Avg (September) 15.4258
2020 Avg (September) 11.7422

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.0007 13.6438 13.8227
February 14.3934 13.8926 14.1635
March 14.4241 14.1500 14.2889
April 15.0017 14.1855 14.6422
May 15.4173 14.8878 15.1824
June 15.4387 15.0800 15.2820
July 15.3011 15.0434 15.1611
August 15.4133 15.1536 15.2547
September 15.5401 15.2547 15.4258
October 15.4920 15.1902 15.3107
November 15.4316 14.9747 15.2161
December 15.5356 15.1467 15.3069