2023 HRK to CNY Historical Review

YEARLY HIGH

1.0748 CNY

YEARLY LOW

0.9611 CNY

YEARLY AVERAGE

1.0153 CNY

2023 HRK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 1.0748. Conversely, the yearly low was recorded on January 5, dropping to 0.9611.

This high-to-low spread represents a total annual volatility of 0.1137 CNY. From a start-to-finish perspective, comparing the January average rate of 0.9725 to the December average rate of 1.0316, the exchange rate registered a net change of 6.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0748 was up 8.54% compared to the 2022 peak of 0.9902, 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 5,374 CNY

2022 Average 4,698 CNY

Yearly Trough Low 4,806 CNY

Transaction Impact: A difference of 568.27 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0628

0.9632

JanuMarcMayJulySeptNove

HRK to CNY 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 0.9937, compared to 1.0370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0433 points.

H1 Avg (Jan–Jun) 0.9937

H2 Avg (Jul–Dec) 1.0370

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0446 CNY (High: 1.0504 / Low: 1.0058). On the other end, May was the most stable month, with a tight range of 0.0135 CNY (High: 1.0155 / Low: 1.0020).

June Spread (Volatile) ±0.0446

May Spread (Stable) ±0.0135

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0148 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.0545) against the same month in 2022 (average: 0.9131), the exchange rate shifted by +0.1415 (+15.50%).

2023 Avg (July) 1.0545

2022 Avg (July) 0.9131

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9834	0.9611	0.9725
February	0.9852	0.9650	0.9715
March	0.9946	0.9703	0.9794
April	1.0155	0.9851	1.0018
May	1.0155	1.0020	1.0073
June	1.0504	1.0058	1.0295
July	1.0748	1.0371	1.0545
August	1.0567	1.0352	1.0480
September	1.0427	1.0191	1.0332
October	1.0358	0.9998	1.0200
November	1.0473	1.0204	1.0345
December	1.0529	1.0171	1.0316