YEARLY HIGH
2.5638 EGP
YEARLY LOW
2.3403 EGP
YEARLY AVERAGE
2.4665 EGP

2021 HRK to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.5638. Conversely, the yearly low was recorded on November 24, dropping to 2.3403.

This high-to-low spread represents a total annual volatility of 0.2235 EGP. From a start-to-finish perspective, comparing the January average rate of 2.5287 to the December average rate of 2.3622, the exchange rate registered a net change of -6.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.5638 was down 0.01% compared to the 2020 peak of 2.5641, 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 12,819 EGP
2020 Average 11,973 EGP
Yearly Trough Low 11,701 EGP
Transaction Impact: A difference of 1,117.51 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.5464
2.3454
JanuMarcMayJulySeptNove

HRK to EGP 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 2.5033, compared to 2.4296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0737 points.

H1 Avg (Jan–Jun) 2.5033
H2 Avg (Jul–Dec) 2.4296

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0890 EGP (High: 2.4293 / Low: 2.3403). On the other end, December was the most stable month, with a tight range of 0.0245 EGP (High: 2.3767 / Low: 2.3521).

November Spread (Volatile) ±0.0890
December Spread (Stable) ±0.0245

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 June and July, when the average rate fell by 0.0422 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0422

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.5287) against the same month in 2020 (average: 2.3715), the exchange rate shifted by +0.1572 (+6.63%).

2021 Avg (January) 2.5287
2020 Avg (January) 2.3715

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5638 2.5041 2.5287
February 2.5197 2.4800 2.5017
March 2.5015 2.4342 2.4651
April 2.5138 2.4248 2.4799
May 2.5576 2.4928 2.5297
June 2.5528 2.4742 2.5149
July 2.4878 2.4473 2.4727
August 2.4890 2.4469 2.4651
September 2.4915 2.4286 2.4673
October 2.4425 2.4104 2.4259
November 2.4293 2.3403 2.3844
December 2.3767 2.3521 2.3622