2023 HRK to AZN Historical Review

YEARLY HIGH

0.2536 AZN

YEARLY LOW

0.2362 AZN

YEARLY AVERAGE

0.2441 AZN

2023 HRK to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.2536. Conversely, the yearly low was recorded on October 3, dropping to 0.2362.

This high-to-low spread represents a total annual volatility of 0.0174 AZN. From a start-to-finish perspective, comparing the January average rate of 0.2434 to the December average rate of 0.2464, the exchange rate registered a net change of 1.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2536 was down 2.04% compared to the 2022 peak of 0.2589, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,268 AZN

2022 Average 1,189 AZN

Yearly Trough Low 1,181 AZN

Transaction Impact: A difference of 86.90 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2506

0.2373

JanuMarcMayJulySeptNove

HRK to AZN 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 0.2439, compared to 0.2442 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.2439

H2 Avg (Jul–Dec) 0.2442

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0105 AZN (High: 0.2484 / Low: 0.2379). On the other end, October was the most stable month, with a tight range of 0.0045 AZN (High: 0.2407 / Low: 0.2362).

February Spread (Volatile) ±0.0105

October Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0053 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2495) against the same month in 2022 (average: 0.2305), the exchange rate shifted by +0.0189 (+8.22%).

2023 Avg (July) 0.2495

2022 Avg (July) 0.2305

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2464	0.2374	0.2434
February	0.2484	0.2379	0.2413
March	0.2460	0.2380	0.2416
April	0.2495	0.2438	0.2473
May	0.2498	0.2413	0.2451
June	0.2480	0.2413	0.2446
July	0.2536	0.2449	0.2495
August	0.2484	0.2436	0.2461
September	0.2435	0.2370	0.2409
October	0.2407	0.2362	0.2384
November	0.2483	0.2388	0.2442
December	0.2506	0.2428	0.2464