YEARLY HIGH
9.4742 HRK
YEARLY LOW
8.6419 HRK
YEARLY AVERAGE
8.9807 HRK

2021 JOD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 9.4742. Conversely, the yearly low was recorded on January 6, dropping to 8.6419.

This high-to-low spread represents a total annual volatility of 0.8323 HRK. From a start-to-finish perspective, comparing the January average rate of 8.7654 to the December average rate of 9.3847, the exchange rate registered a net change of 7.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.4742 was down 6.00% compared to the 2020 peak of 10.0786, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 47,371 HRK
2020 Average 46,634 HRK
Yearly Trough Low 43,209 HRK
Transaction Impact: A difference of 4,161.50 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.4496
8.6710
JanuMarcMayJulySeptNove

JOD 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 8.8391, compared to 9.1223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2832 points.

H1 Avg (Jan–Jun) 8.8391
H2 Avg (Jul–Dec) 9.1223

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.3430 HRK (High: 9.4742 / Low: 9.1312). On the other end, October was the most stable month, with a tight range of 0.1196 HRK (High: 9.1924 / Low: 9.0728).

November Spread (Volatile) ±0.3430
October Spread (Stable) ±0.1196

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.1902 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1902

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 9.3003) against the same month in 2020 (average: 9.0055), the exchange rate shifted by +0.2948 (+3.27%).

2021 Avg (November) 9.3003
2020 Avg (November) 9.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.8238 8.6419 8.7654
February 8.9247 8.7779 8.8337
March 9.1075 8.8464 8.9856
April 9.0837 8.7863 8.9262
May 8.8533 8.6526 8.7359
June 8.9196 8.6693 8.7875
July 9.0313 8.8992 8.9484
August 9.0491 8.9032 8.9836
September 9.1298 8.8904 8.9812
October 9.1924 9.0728 9.1354
November 9.4742 9.1312 9.3003
December 9.4419 9.3204 9.3847