2023 CLP to HRK Historical Review

YEARLY HIGH

0.0089 HRK

YEARLY LOW

0.0075 HRK

YEARLY AVERAGE

0.0083 HRK

2023 CLP to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.0089. Conversely, the yearly low was recorded on October 22, dropping to 0.0075.

This high-to-low spread represents a total annual volatility of 0.0014 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0085 to the December average rate of 0.0079, the exchange rate registered a net change of -7.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0089 was up 0.79% compared to the 2022 peak of 0.0089, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 8,938 HRK

2022 Average 8,209 HRK

Yearly Trough Low 7,532 HRK

Transaction Impact: A difference of 1,406.12 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0089

0.0076

JanuMarcMayJulySeptNove

CLP 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 0.0087, compared to 0.0080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0087

H2 Avg (Jul–Dec) 0.0080

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0006 HRK (High: 0.0087 / Low: 0.0082). On the other end, August was the most stable month, with a tight range of 0.0003 HRK (High: 0.0083 / Low: 0.0079).

January Spread (Volatile) ±0.0006

August Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0087) against the same month in 2022 (average: 0.0086), the exchange rate shifted by +0.0001 (+1.18%).

2023 Avg (March) 0.0087

2022 Avg (March) 0.0086

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0087	0.0082	0.0085
February	0.0089	0.0085	0.0088
March	0.0089	0.0085	0.0087
April	0.0088	0.0084	0.0085
May	0.0088	0.0085	0.0087
June	0.0089	0.0085	0.0087
July	0.0087	0.0082	0.0084
August	0.0083	0.0079	0.0081
September	0.0082	0.0078	0.0080
October	0.0080	0.0075	0.0077
November	0.0080	0.0076	0.0079
December	0.0080	0.0076	0.0079