YEARLY HIGH
302.0456 MMK
YEARLY LOW
210.6626 MMK
YEARLY AVERAGE
252.8783 MMK

2021 HRK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 302.0456. Conversely, the yearly low was recorded on February 2, dropping to 210.6626.

This high-to-low spread represents a total annual volatility of 91.3831 MMK. From a start-to-finish perspective, comparing the January average rate of 214.1180 to the December average rate of 267.5939, the exchange rate registered a net change of 24.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 302.0456 was up 35.17% compared to the 2020 peak of 223.4616, 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 1,510,228 MMK
2020 Average 1,040,744 MMK
Yearly Trough Low 1,053,313 MMK
Transaction Impact: A difference of 456,915.36 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

299.2630
206.3775
JanuMarcMayJulySeptNove

HRK to MMK 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 234.8066, compared to 270.9500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.1434 points.

H1 Avg (Jan–Jun) 234.8066
H2 Avg (Jul–Dec) 270.9500

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 32.9790 MMK (High: 292.6506 / Low: 259.6716). On the other end, December was the most stable month, with a tight range of 3.2018 MMK (High: 269.3205 / Low: 266.1187).

September Spread (Volatile) ±32.9790
December Spread (Stable) ±3.2018

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 20.2486 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -20.2486

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 291.5225) against the same month in 2020 (average: 200.7465), the exchange rate shifted by +90.7761 (+45.22%).

2021 Avg (October) 291.5225
2020 Avg (October) 200.7465

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 215.9712 212.6327 214.1180
February 226.5627 210.6626 223.7711
March 224.8667 218.3484 221.2921
April 249.9860 218.6447 227.4682
May 268.2562 247.9724 257.9410
June 267.8301 260.3210 264.2490
July 260.8757 256.8907 259.3719
August 260.7406 256.4010 258.4229
September 292.6506 259.6716 277.5146
October 302.0456 276.6516 291.5225
November 282.2013 265.5645 271.2739
December 269.3205 266.1187 267.5939