2023 ARS to HRK Historical Review

YEARLY HIGH

0.0400 HRK

YEARLY LOW

0.0084 HRK

YEARLY AVERAGE

0.0267 HRK

2023 ARS to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0400. Conversely, the yearly low was recorded on December 27, dropping to 0.0084.

This high-to-low spread represents a total annual volatility of 0.0316 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0384 to the December average rate of 0.0127, the exchange rate registered a net change of -66.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0400 was down 38.07% compared to the 2022 peak of 0.0646, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 200 HRK

2022 Average 280 HRK

Yearly Trough Low 42 HRK

Transaction Impact: A difference of 158.10 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0410

0.0101

JanuMarcMayJulySeptNove

ARS 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 0.0333, compared to 0.0201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 0.0333

H2 Avg (Jul–Dec) 0.0201

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0108 HRK (High: 0.0192 / Low: 0.0084). On the other end, October was the most stable month, with a tight range of 0.0004 HRK (High: 0.0206 / Low: 0.0202).

December Spread (Volatile) ±0.0108

October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0071 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0384) against the same month in 2022 (average: 0.0640), the exchange rate shifted by -0.0256 (-40.01%).

2023 Avg (January) 0.0384

2022 Avg (January) 0.0640

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0400	0.0371	0.0384
February	0.0372	0.0361	0.0367
March	0.0359	0.0331	0.0348
April	0.0333	0.0308	0.0320
May	0.0309	0.0294	0.0301
June	0.0293	0.0269	0.0280
July	0.0271	0.0249	0.0257
August	0.0248	0.0197	0.0217
September	0.0205	0.0199	0.0202
October	0.0206	0.0202	0.0204
November	0.0203	0.0190	0.0197
December	0.0192	0.0084	0.0127