2023 HRK to PHP Historical Review

YEARLY HIGH

8.2362 PHP

YEARLY LOW

7.6846 PHP

YEARLY AVERAGE

7.9830 PHP

2023 HRK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 8.2362. Conversely, the yearly low was recorded on February 5, dropping to 7.6846.

This high-to-low spread represents a total annual volatility of 0.5516 PHP. From a start-to-finish perspective, comparing the January average rate of 7.8655 to the December average rate of 8.0462, the exchange rate registered a net change of 2.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 8.2362 was up 4.01% compared to the 2022 peak of 7.9188, 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 41,181 PHP

2022 Average 38,038 PHP

Yearly Trough Low 38,423 PHP

Transaction Impact: A difference of 2,757.90 PHP purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2023 সাল জুড়ে মাসিক গড় ওঠানামা।

8.1883

7.7389

JanuMarcMayJulySeptNove

HRK to PHP 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 7.9226, compared to 8.0435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1209 points.

H1 Avg (Jan–Jun) 7.9226

H2 Avg (Jul–Dec) 8.0435

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.4160 PHP (High: 8.1995 / Low: 7.7835). On the other end, October was the most stable month, with a tight range of 0.1313 PHP (High: 8.0253 / Low: 7.8940).

April Spread (Volatile) ±0.4160

October Spread (Stable) ±0.1313

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 August and September, when the average rate fell by 0.1047 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 8.1508) against the same month in 2022 (average: 7.5242), the exchange rate shifted by +0.6266 (+8.33%).

2023 Avg (August) 8.1508

2022 Avg (August) 7.5242

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	7.9368	7.8045	7.8655
February	7.9073	7.6846	7.7870
March	7.8607	7.6927	7.7763
April	8.1995	7.7835	8.0378
May	8.1303	7.9516	8.0387
June	8.1112	7.9535	8.0299
July	8.1245	7.9852	8.0564
August	8.2362	8.0228	8.1508
September	8.1363	7.9430	8.0461
October	8.0253	7.8940	7.9613
November	8.1007	7.9233	7.9999
December	8.1933	7.9084	8.0462

2023 HRK থেকে PHP-এর ঐতিহাসিক পর্যালোচনা