2023 HRK to EUR Historical Review

YEARLY HIGH

0.1345 EUR

YEARLY LOW

0.1305 EUR

YEARLY AVERAGE

0.1326 EUR

2023 HRK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1345. Conversely, the yearly low was recorded on May 6, dropping to 0.1305.

This high-to-low spread represents a total annual volatility of 0.0041 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1327 to the December average rate of 0.1327, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1345 was up 0.10% compared to the 2022 peak of 0.1344, 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 673 EUR

2022 Average 664 EUR

Yearly Trough Low 652 EUR

Transaction Impact: A difference of 20.26 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1328

0.1323

JanuMarcMayJulySeptNove

HRK to EUR 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 0.1326, compared to 0.1327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1326

H2 Avg (Jul–Dec) 0.1327

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0023 EUR (High: 0.1327 / Low: 0.1305). On the other end, October was the most stable month, with a tight range of 0.0001 EUR (High: 0.1327 / Low: 0.1326).

May Spread (Volatile) ±0.0023

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1327) against the same month in 2022 (average: 0.1329), the exchange rate shifted by -0.0002 (-0.12%).

2023 Avg (January) 0.1327

2022 Avg (January) 0.1329

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1345	0.1325	0.1327
February	0.1327	0.1322	0.1326
March	0.1328	0.1314	0.1326
April	0.1327	0.1314	0.1324
May	0.1327	0.1305	0.1325
June	0.1327	0.1325	0.1327
July	0.1327	0.1325	0.1327
August	0.1329	0.1325	0.1327
September	0.1327	0.1325	0.1327
October	0.1327	0.1326	0.1327
November	0.1327	0.1326	0.1327
December	0.1327	0.1325	0.1327