YEARLY HIGH
8.0032 PHP
YEARLY LOW
7.4557 PHP
YEARLY AVERAGE
7.7388 PHP

2021 HRK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 8.0032. Conversely, the yearly low was recorded on December 19, dropping to 7.4557.

This high-to-low spread represents a total annual volatility of 0.5475 PHP. From a start-to-finish perspective, comparing the January average rate of 7.7363 to the December average rate of 7.5622, the exchange rate registered a net change of -2.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 8.0032 was up 1.99% compared to the 2020 peak of 7.8474, 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 40,016 PHP
2020 Average 37,536 PHP
Yearly Trough Low 37,278 PHP
Transaction Impact: A difference of 2,737.72 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.9192
7.5297
JanuMarcMayJulySeptNove

HRK to PHP 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 7.6976, compared to 7.7800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0823 points.

H1 Avg (Jan–Jun) 7.6976
H2 Avg (Jul–Dec) 7.7800

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.3183 PHP (High: 7.8175 / Low: 7.4992). On the other end, October was the most stable month, with a tight range of 0.0909 PHP (High: 7.8768 / Low: 7.7860).

November Spread (Volatile) ±0.3183
October Spread (Stable) ±0.0909

Growth Streaks & Declines

Trends

Between March and July, 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 October and November, when the average rate fell by 0.1920 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1920

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 7.8867) against the same month in 2020 (average: 7.5196), the exchange rate shifted by +0.3671 (+4.88%).

2021 Avg (July) 7.8867
2020 Avg (July) 7.5196

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.8412 7.6824 7.7363
February 7.8528 7.5976 7.7124
March 7.7282 7.5134 7.6190
April 7.7842 7.5036 7.6546
May 7.8435 7.6430 7.7312
June 7.7871 7.6693 7.7323
July 8.0032 7.7801 7.8867
August 7.9714 7.6719 7.8809
September 7.9702 7.8136 7.8845
October 7.8768 7.7860 7.8287
November 7.8175 7.4992 7.6367
December 7.7235 7.4557 7.5622