2023 HRK to BDT Historical Review

YEARLY HIGH

16.2223 BDT

YEARLY LOW

14.4825 BDT

YEARLY AVERAGE

15.5072 BDT

2023 HRK to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 16.2223. Conversely, the yearly low was recorded on January 5, dropping to 14.4825.

This high-to-low spread represents a total annual volatility of 1.7398 BDT. From a start-to-finish perspective, comparing the January average rate of 15.0074 to the December average rate of 15.9442, the exchange rate registered a net change of 6.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.2223 was up 8.36% compared to the 2022 peak of 14.9710, 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 81,111 BDT

2022 Average 65,093 BDT

Yearly Trough Low 72,412 BDT

Transaction Impact: A difference of 8,698.95 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.0379

14.9137

JanuMarcMayJulySeptNove

HRK to BDT 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 15.2623, compared to 15.7521 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4899 points.

H1 Avg (Jan–Jun) 15.2623

H2 Avg (Jul–Dec) 15.7521

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.9214 BDT (High: 15.4039 / Low: 14.4825). On the other end, October was the most stable month, with a tight range of 0.2807 BDT (High: 15.6062 / Low: 15.3255).

January Spread (Volatile) ±0.9214

October Spread (Stable) ±0.2807

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2652 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2652

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 15.9075) against the same month in 2022 (average: 12.7408), the exchange rate shifted by +3.1668 (+24.86%).

2023 Avg (July) 15.9075

2022 Avg (July) 12.7408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.4039	14.4825	15.0074
February	15.5361	14.6678	15.0941
March	15.5248	14.7371	15.0441
April	15.6709	15.2097	15.4393
May	15.7590	15.2152	15.4407
June	15.7823	15.2485	15.5480
July	16.2223	15.5601	15.9075
August	15.9645	15.6461	15.8188
September	15.7598	15.3916	15.5536
October	15.6062	15.3255	15.4478
November	16.0888	15.4813	15.8410
December	16.2026	15.6993	15.9442