YEARLY HIGH
4.0611 HNL
YEARLY LOW
3.5915 HNL
YEARLY AVERAGE
3.7881 HNL

2021 HRK to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 4.0611. Conversely, the yearly low was recorded on November 25, dropping to 3.5915.

This high-to-low spread represents a total annual volatility of 0.4696 HNL. From a start-to-finish perspective, comparing the January average rate of 3.9016 to the December average rate of 3.6497, the exchange rate registered a net change of -6.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.0611 was up 2.69% compared to the 2020 peak of 3.9549, 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 20,306 HNL
2020 Average 18,727 HNL
Yearly Trough Low 17,958 HNL
Transaction Impact: A difference of 2,347.99 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.9268
3.6245
JanuMarcMayJulySeptNove

HRK to HNL 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 3.8550, compared to 3.7211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1340 points.

H1 Avg (Jan–Jun) 3.8550
H2 Avg (Jul–Dec) 3.7211

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.2044 HNL (High: 4.0611 / Low: 3.8567). On the other end, October was the most stable month, with a tight range of 0.0550 HNL (High: 3.7566 / Low: 3.7016).

January Spread (Volatile) ±0.2044
October Spread (Stable) ±0.0550

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 0.0977 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0977

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 3.9016) against the same month in 2020 (average: 3.6972), the exchange rate shifted by +0.2044 (+5.53%).

2021 Avg (January) 3.9016
2020 Avg (January) 3.6972

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.0611 3.8567 3.9016
February 3.9038 3.8320 3.8711
March 3.8732 3.7346 3.8005
April 3.8729 3.7299 3.8063
May 3.9274 3.8411 3.8898
June 3.9193 3.7835 3.8610
July 3.8023 3.7027 3.7633
August 3.7787 3.6997 3.7344
September 3.8186 3.7315 3.7848
October 3.7566 3.7016 3.7298
November 3.7304 3.5915 3.6644
December 3.6914 3.6156 3.6497