2023 BWP to HRK Historical Review

YEARLY HIGH

0.5597 HRK

YEARLY LOW

0.5050 HRK

YEARLY AVERAGE

0.5219 HRK

2023 BWP to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.5597. Conversely, the yearly low was recorded on December 28, dropping to 0.5050.

This high-to-low spread represents a total annual volatility of 0.0547 HRK. From a start-to-finish perspective, comparing the January average rate of 0.5468 to the December average rate of 0.5109, the exchange rate registered a net change of -6.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5597 was down 7.55% compared to the 2022 peak of 0.6054, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,798 HRK

2022 Average 2,898 HRK

Yearly Trough Low 2,525 HRK

Transaction Impact: A difference of 273.59 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5503

0.5074

JanuMarcMayJulySeptNove

BWP 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 0.5289, compared to 0.5149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0140 points.

H1 Avg (Jan–Jun) 0.5289

H2 Avg (Jul–Dec) 0.5149

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0221 HRK (High: 0.5283 / Low: 0.5062). On the other end, May was the most stable month, with a tight range of 0.0099 HRK (High: 0.5197 / Low: 0.5098).

July Spread (Volatile) ±0.0221

May Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between August and October, 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 April and May, when the average rate fell by 0.0087 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5468) against the same month in 2022 (average: 0.5726), the exchange rate shifted by -0.0258 (-4.51%).

2023 Avg (January) 0.5468

2022 Avg (January) 0.5726

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5597	0.5390	0.5468
February	0.5480	0.5329	0.5384
March	0.5399	0.5230	0.5325
April	0.5360	0.5164	0.5238
May	0.5197	0.5098	0.5151
June	0.5221	0.5078	0.5171
July	0.5283	0.5062	0.5149
August	0.5178	0.5068	0.5120
September	0.5227	0.5120	0.5172
October	0.5241	0.5136	0.5192
November	0.5236	0.5064	0.5153
December	0.5167	0.5050	0.5109