2021 MAD to HRK Historical Review

YEARLY HIGH

0.7256 HRK

YEARLY LOW

0.6922 HRK

YEARLY AVERAGE

0.7082 HRK

2021 MAD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.7256. Conversely, the yearly low was recorded on January 2, dropping to 0.6922.

This high-to-low spread represents a total annual volatility of 0.0333 HRK. From a start-to-finish perspective, comparing the January average rate of 0.6978 to the December average rate of 0.7189, the exchange rate registered a net change of 3.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7256 was down 0.12% compared to the 2020 peak of 0.7264, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,628 HRK

2020 Average 3,482 HRK

Yearly Trough Low 3,461 HRK

Transaction Impact: A difference of 166.75 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7220

0.6956

JanuMarcMayJulySeptNove

MAD 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 0.7024, compared to 0.7139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.7024

H2 Avg (Jul–Dec) 0.7139

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0150 HRK (High: 0.7102 / Low: 0.6952). On the other end, February was the most stable month, with a tight range of 0.0045 HRK (High: 0.7026 / Low: 0.6981).

June Spread (Volatile) ±0.0150

February Spread (Stable) ±0.0045

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 0.0072 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.7198) against the same month in 2020 (average: 0.6991), the exchange rate shifted by +0.0207 (+2.96%).

2021 Avg (November) 0.7198

2020 Avg (November) 0.6991

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7069	0.6922	0.6978
February	0.7026	0.6981	0.7001
March	0.7124	0.7020	0.7074
April	0.7119	0.7000	0.7067
May	0.7037	0.6935	0.6996
June	0.7102	0.6952	0.7027
July	0.7142	0.7059	0.7096
August	0.7131	0.7076	0.7101
September	0.7166	0.7063	0.7100
October	0.7188	0.7105	0.7153
November	0.7256	0.7132	0.7198
December	0.7244	0.7123	0.7189

2021 MAD నుండి HRK చారిత్రక సమీక్ష