YEARLY HIGH
24.7155 JMD
YEARLY LOW
22.5231 JMD
YEARLY AVERAGE
23.6620 JMD

2021 HRK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 24.7155. Conversely, the yearly low was recorded on March 30, dropping to 22.5231.

This high-to-low spread represents a total annual volatility of 2.1924 JMD. From a start-to-finish perspective, comparing the January average rate of 23.2009 to the December average rate of 23.2031, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 24.7155 was up 4.23% compared to the 2020 peak of 23.7117, 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 123,578 JMD
2020 Average 107,588 JMD
Yearly Trough Low 112,615 JMD
Transaction Impact: A difference of 10,962.24 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

24.4508
23.0244
JanuMarcMayJulySeptNove

HRK to JMD 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 23.7069, compared to 23.6171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0898 points.

H1 Avg (Jan–Jun) 23.7069
H2 Avg (Jul–Dec) 23.6171

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 2.0442 JMD (High: 24.7155 / Low: 22.6714). On the other end, December was the most stable month, with a tight range of 0.3752 JMD (High: 23.3997 / Low: 23.0245).

April Spread (Volatile) ±2.0442
December Spread (Stable) ±0.3752

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.7772 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7772

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 23.6343) against the same month in 2020 (average: 19.6898), the exchange rate shifted by +3.9445 (+20.03%).

2021 Avg (April) 23.6343
2020 Avg (April) 19.6898

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.4824 22.9247 23.2009
February 24.3113 23.2896 23.9205
March 24.0018 22.5231 23.1432
April 24.7155 22.6714 23.6343
May 24.5617 24.1268 24.3319
June 24.3552 23.7121 24.0103
July 24.5507 23.5577 24.0875
August 24.5660 23.8602 24.1623
September 23.9785 22.7877 23.4641
October 24.0083 22.6129 23.2073
November 23.9311 23.2385 23.5782
December 23.3997 23.0245 23.2031