2021 TRY to HRK Historical Review

YEARLY HIGH

0.9016 HRK

YEARLY LOW

0.4014 HRK

YEARLY AVERAGE

0.7363 HRK

2021 TRY to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 0.9016. Conversely, the yearly low was recorded on December 19, dropping to 0.4014.

This high-to-low spread represents a total annual volatility of 0.5002 HRK. From a start-to-finish perspective, comparing the January average rate of 0.8398 to the December average rate of 0.5007, the exchange rate registered a net change of -40.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9016 was down 21.00% compared to the 2020 peak of 1.1412, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 45,078 HRK

2020 Average 47,638 HRK

Yearly Trough Low 20,070 HRK

Transaction Impact: A difference of 25,008.25 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9199

0.4626

JanuMarcMayJulySeptNove

TRY 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 0.7973, compared to 0.6752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1221 points.

H1 Avg (Jan–Jun) 0.7973

H2 Avg (Jul–Dec) 0.6752

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2191 HRK (High: 0.6205 / Low: 0.4014). On the other end, July was the most stable month, with a tight range of 0.0224 HRK (High: 0.7485 / Low: 0.7261).

December Spread (Volatile) ±0.2191

July Spread (Stable) ±0.0224

Growth Streaks & Declines

Trends

Between June and August, 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 0.1156 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.8818) against the same month in 2020 (average: 1.1257), the exchange rate shifted by -0.2439 (-21.67%).

2021 Avg (February) 0.8818

2020 Avg (February) 1.1257

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8561	0.8304	0.8398
February	0.9016	0.8448	0.8818
March	0.8815	0.7752	0.8290
April	0.7929	0.7434	0.7736
May	0.7576	0.7190	0.7384
June	0.7378	0.7102	0.7214
July	0.7485	0.7261	0.7382
August	0.7624	0.7386	0.7512
September	0.7625	0.7208	0.7431
October	0.7327	0.6648	0.7016
November	0.6799	0.4919	0.6164
December	0.6205	0.4014	0.5007