2023 CVE to HRK Historical Review

YEARLY HIGH

0.0692 HRK

YEARLY LOW

0.0663 HRK

YEARLY AVERAGE

0.0682 HRK

2023 CVE to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0692. Conversely, the yearly low was recorded on December 14, dropping to 0.0663.

This high-to-low spread represents a total annual volatility of 0.0029 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0681 to the December average rate of 0.0682, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0692 was down 3.85% compared to the 2022 peak of 0.0720, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 346 HRK

2022 Average 341 HRK

Yearly Trough Low 331 HRK

Transaction Impact: A difference of 14.47 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0684

0.0681

JanuMarcMayJulySeptNove

CVE 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 0.0682, compared to 0.0683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0682

H2 Avg (Jul–Dec) 0.0683

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0023 HRK (High: 0.0686 / Low: 0.0663). On the other end, August was the most stable month, with a tight range of 0.0007 HRK (High: 0.0686 / Low: 0.0679).

December Spread (Volatile) ±0.0023

August Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0683) against the same month in 2022 (average: 0.0681), the exchange rate shifted by +0.0003 (+0.42%).

2023 Avg (February) 0.0683

2022 Avg (February) 0.0681

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0685	0.0674	0.0681
February	0.0692	0.0675	0.0683
March	0.0691	0.0679	0.0683
April	0.0690	0.0680	0.0683
May	0.0689	0.0680	0.0682
June	0.0686	0.0666	0.0681
July	0.0691	0.0672	0.0683
August	0.0686	0.0679	0.0683
September	0.0690	0.0680	0.0683
October	0.0689	0.0677	0.0683
November	0.0686	0.0669	0.0681
December	0.0686	0.0663	0.0682