2023 HRK to CAD Historical Review

YEARLY HIGH

0.2003 CAD

YEARLY LOW

0.1882 CAD

YEARLY AVERAGE

0.1938 CAD

2023 HRK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 0.2003. Conversely, the yearly low was recorded on September 27, dropping to 0.1882.

This high-to-low spread represents a total annual volatility of 0.0120 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1922 to the December average rate of 0.1943, the exchange rate registered a net change of 1.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2003 was up 3.19% compared to the 2022 peak of 0.1941, 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 1,001 CAD

2022 Average 909 CAD

Yearly Trough Low 941 CAD

Transaction Impact: A difference of 60.13 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1974

0.1905

JanuMarcMayJulySeptNove

HRK to CAD 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 0.1935, compared to 0.1941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.1935

H2 Avg (Jul–Dec) 0.1941

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0077 CAD (High: 0.2003 / Low: 0.1926). On the other end, June was the most stable month, with a tight range of 0.0021 CAD (High: 0.1921 / Low: 0.1900).

May Spread (Volatile) ±0.0077

June Spread (Stable) ±0.0021

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 May and June, when the average rate fell by 0.0038 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.1950) against the same month in 2022 (average: 0.1802), the exchange rate shifted by +0.0148 (+8.21%).

2023 Avg (May) 0.1950

2022 Avg (May) 0.1802

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1940	0.1894	0.1922
February	0.1940	0.1893	0.1910
March	0.1979	0.1913	0.1947
April	0.1998	0.1937	0.1966
May	0.2003	0.1926	0.1950
June	0.1921	0.1900	0.1912
July	0.1972	0.1910	0.1941
August	0.1963	0.1938	0.1952
September	0.1948	0.1882	0.1920
October	0.1949	0.1902	0.1923
November	0.1994	0.1937	0.1968
December	0.1956	0.1934	0.1943