2023 CDF to HRK Historical Review

YEARLY HIGH

0.0035 HRK

YEARLY LOW

0.0025 HRK

YEARLY AVERAGE

0.0030 HRK

2023 CDF to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0035. Conversely, the yearly low was recorded on December 21, dropping to 0.0025.

This high-to-low spread represents a total annual volatility of 0.0011 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0034 to the December average rate of 0.0025, the exchange rate registered a net change of -25.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0035 was down 8.43% compared to the 2022 peak of 0.0038, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18 HRK

2022 Average 18 HRK

Yearly Trough Low 12 HRK

Transaction Impact: A difference of 5.28 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0035

0.0024

JanuMarcMayJulySeptNove

CDF 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 0.0033, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0033

H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0004 HRK (High: 0.0034 / Low: 0.0030). On the other end, August was the most stable month, with a tight range of 0.0001 HRK (High: 0.0028 / Low: 0.0028).

May Spread (Volatile) ±0.0004

August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and September, 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 May and June, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0034) against the same month in 2022 (average: 0.0033), the exchange rate shifted by +0.0001 (+2.86%).

2023 Avg (January) 0.0034

2022 Avg (January) 0.0033

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0035	0.0033	0.0034
February	0.0035	0.0033	0.0034
March	0.0035	0.0033	0.0034
April	0.0034	0.0031	0.0033
May	0.0034	0.0030	0.0032
June	0.0030	0.0029	0.0029
July	0.0029	0.0027	0.0028
August	0.0028	0.0028	0.0028
September	0.0029	0.0028	0.0028
October	0.0029	0.0027	0.0028
November	0.0029	0.0025	0.0027
December	0.0026	0.0025	0.0025