YEARLY HIGH
0.1601 HRK
YEARLY LOW
0.1464 HRK
YEARLY AVERAGE
0.1532 HRK

2021 MUR to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.1601. Conversely, the yearly low was recorded on July 5, dropping to 0.1464.

This high-to-low spread represents a total annual volatility of 0.0136 HRK. From a start-to-finish perspective, comparing the January average rate of 0.1572 to the December average rate of 0.1528, the exchange rate registered a net change of -2.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1601 was down 13.79% compared to the 2020 peak of 0.1857, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 800 HRK
2020 Average 844 HRK
Yearly Trough Low 732 HRK
Transaction Impact: A difference of 68.24 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1597
0.1472
JanuMarcMayJulySeptNove

MUR 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 0.1558, compared to 0.1506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.1558
H2 Avg (Jul–Dec) 0.1506

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0077 HRK (High: 0.1546 / Low: 0.1470). On the other end, March was the most stable month, with a tight range of 0.0031 HRK (High: 0.1601 / Low: 0.1570).

June Spread (Volatile) ±0.0077
March Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between July and December, 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 0.0038 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.1587) against the same month in 2020 (average: 0.1782), the exchange rate shifted by -0.0195 (-10.95%).

2021 Avg (March) 0.1587
2020 Avg (March) 0.1782

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1588 0.1557 0.1572
February 0.1594 0.1560 0.1575
March 0.1601 0.1570 0.1587
April 0.1594 0.1534 0.1565
May 0.1558 0.1486 0.1528
June 0.1546 0.1470 0.1521
July 0.1504 0.1464 0.1482
August 0.1512 0.1473 0.1493
September 0.1518 0.1471 0.1497
October 0.1530 0.1491 0.1512
November 0.1548 0.1494 0.1522
December 0.1553 0.1502 0.1528