YEARLY HIGH
1.4097 NOK
YEARLY LOW
1.2878 NOK
YEARLY AVERAGE
1.3507 NOK

2021 HRK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 1.4097. Conversely, the yearly low was recorded on October 25, dropping to 1.2878.

This high-to-low spread represents a total annual volatility of 0.1219 NOK. From a start-to-finish perspective, comparing the January average rate of 1.3714 to the December average rate of 1.3485, the exchange rate registered a net change of -1.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.4097 was down 14.96% compared to the 2020 peak of 1.6578, 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 7,049 NOK
2020 Average 7,119 NOK
Yearly Trough Low 6,439 NOK
Transaction Impact: A difference of 609.53 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.3985
1.2989
JanuMarcMayJulySeptNove

HRK to NOK 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 1.3483, compared to 1.3531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 1.3483
H2 Avg (Jul–Dec) 1.3531

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0663 NOK (High: 1.3641 / Low: 1.2978). On the other end, April was the most stable month, with a tight range of 0.0254 NOK (High: 1.3376 / Low: 1.3122).

November Spread (Volatile) ±0.0663
April Spread (Stable) ±0.0254

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0533 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0533

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 1.3828) against the same month in 2020 (average: 1.4151), the exchange rate shifted by -0.0323 (-2.28%).

2021 Avg (July) 1.3828
2020 Avg (July) 1.4151

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3971 1.3525 1.3714
February 1.3790 1.3440 1.3585
March 1.3606 1.3237 1.3384
April 1.3376 1.3122 1.3266
May 1.3619 1.3250 1.3413
June 1.3734 1.3422 1.3536
July 1.4097 1.3568 1.3828
August 1.4092 1.3650 1.3902
September 1.3766 1.3396 1.3605
October 1.3345 1.2878 1.3072
November 1.3641 1.2978 1.3292
December 1.3759 1.3246 1.3485