2023 HRK to BND Historical Review

YEARLY HIGH

0.1979 BND

YEARLY LOW

0.1872 BND

YEARLY AVERAGE

0.1927 BND

2023 HRK to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 0.1979. Conversely, the yearly low was recorded on January 5, dropping to 0.1872.

This high-to-low spread represents a total annual volatility of 0.0107 BND. From a start-to-finish perspective, comparing the January average rate of 0.1900 to the December average rate of 0.1931, the exchange rate registered a net change of 1.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1979 was down 3.66% compared to the 2022 peak of 0.2054, 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 989 BND

2022 Average 963 BND

Yearly Trough Low 936 BND

Transaction Impact: A difference of 53.45 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1965

0.1884

JanuMarcMayJulySeptNove

HRK to BND 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 0.1916, compared to 0.1938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1916

H2 Avg (Jul–Dec) 0.1938

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0055 BND (High: 0.1959 / Low: 0.1904). On the other end, August was the most stable month, with a tight range of 0.0025 BND (High: 0.1966 / Low: 0.1942).

April Spread (Volatile) ±0.0055

August Spread (Stable) ±0.0025

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 0.0025 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1958) against the same month in 2022 (average: 0.1891), the exchange rate shifted by +0.0067 (+3.57%).

2023 Avg (July) 0.1958

2022 Avg (July) 0.1891

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1916	0.1872	0.1900
February	0.1918	0.1878	0.1891
March	0.1924	0.1875	0.1904
April	0.1959	0.1904	0.1935
May	0.1956	0.1913	0.1930
June	0.1967	0.1912	0.1936
July	0.1979	0.1935	0.1958
August	0.1966	0.1942	0.1955
September	0.1945	0.1913	0.1930
October	0.1943	0.1905	0.1919
November	0.1965	0.1919	0.1936
December	0.1949	0.1913	0.1931