2023 PHP to HRK Historical Review

YEARLY HIGH

0.1301 HRK

YEARLY LOW

0.1214 HRK

YEARLY AVERAGE

0.1253 HRK

2023 PHP to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.1301. Conversely, the yearly low was recorded on August 30, dropping to 0.1214.

This high-to-low spread represents a total annual volatility of 0.0087 HRK. From a start-to-finish perspective, comparing the January average rate of 0.1271 to the December average rate of 0.1243, the exchange rate registered a net change of -2.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1301 was down 5.94% compared to the 2022 peak of 0.1384, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 32,533 HRK

2022 Average 32,874 HRK

Yearly Trough Low 30,354 HRK

Transaction Impact: A difference of 2,178.72 HRK purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2023 সাল জুড়ে মাসিক গড় ওঠানামা।

0.1292

0.1221

JanuMarcMayJulySeptNove

PHP 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 0.1263, compared to 0.1243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1263

H2 Avg (Jul–Dec) 0.1243

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0065 HRK (High: 0.1285 / Low: 0.1220). On the other end, October was the most stable month, with a tight range of 0.0021 HRK (High: 0.1267 / Low: 0.1246).

April Spread (Volatile) ±0.0065

October Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0042 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1284) against the same month in 2022 (average: 0.1295), the exchange rate shifted by -0.0011 (-0.82%).

2023 Avg (February) 0.1284

2022 Avg (February) 0.1295

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	0.1281	0.1260	0.1271
February	0.1301	0.1265	0.1284
March	0.1300	0.1272	0.1286
April	0.1285	0.1220	0.1244
May	0.1258	0.1230	0.1244
June	0.1257	0.1233	0.1245
July	0.1252	0.1231	0.1241
August	0.1246	0.1214	0.1227
September	0.1259	0.1229	0.1243
October	0.1267	0.1246	0.1256
November	0.1262	0.1234	0.1250
December	0.1264	0.1221	0.1243

2023 PHP থেকে HRK-এর ঐতিহাসিক পর্যালোচনা