YEARLY HIGH
58.2657 MRO
YEARLY LOW
0.1505 MRO
YEARLY AVERAGE
54.7993 MRO

2021 HRK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 58.2657. Conversely, the yearly low was recorded on December 28, dropping to 0.1505.

This high-to-low spread represents a total annual volatility of 58.1152 MRO. From a start-to-finish perspective, comparing the January average rate of 57.4485 to the December average rate of 38.0711, the exchange rate registered a net change of -33.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 58.2657 was up 0.18% compared to the 2020 peak of 58.1623, 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 291,329 MRO
2020 Average 270,350 MRO
Yearly Trough Low 753 MRO
Transaction Impact: A difference of 290,576.03 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

59.5967
36.1143
JanuMarcMayJulySeptNove

HRK to MRO 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 56.9764, compared to 52.6221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.3543 points.

H1 Avg (Jan–Jun) 56.9764
H2 Avg (Jul–Dec) 52.6221

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 53.6713 MRO (High: 53.8218 / Low: 0.1505). On the other end, October was the most stable month, with a tight range of 0.7221 MRO (High: 55.4985 / Low: 54.7764).

December Spread (Volatile) ±53.6713
October Spread (Stable) ±0.7221

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 November and December, when the average rate fell by 16.0770 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -16.0770

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 57.4485) against the same month in 2020 (average: 53.2523), the exchange rate shifted by +4.1963 (+7.88%).

2021 Avg (January) 57.4485
2020 Avg (January) 53.2523

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 58.2657 57.0643 57.4485
February 57.3632 56.4195 57.0098
March 56.9187 55.2871 56.0402
April 57.3079 55.4316 56.4135
May 58.1935 56.8562 57.6398
June 58.0818 56.4516 57.3066
July 56.5809 55.7533 56.2737
August 56.5559 55.6439 56.0505
September 56.6370 55.1521 56.0711
October 55.4985 54.7764 55.1184
November 55.1436 53.1471 54.1481
December 53.8218 0.1505 38.0711