2023 HRK to INR Historical Review

YEARLY HIGH

12.2763 INR

YEARLY LOW

11.4760 INR

YEARLY AVERAGE

11.8531 INR

2023 HRK to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 12.2763. Conversely, the yearly low was recorded on March 8, dropping to 11.4760.

This high-to-low spread represents a total annual volatility of 0.8003 INR. From a start-to-finish perspective, comparing the January average rate of 11.7019 to the December average rate of 12.0640, the exchange rate registered a net change of 3.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.2763 was up 4.45% compared to the 2022 peak of 11.7534, 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 61,382 INR

2022 Average 54,891 INR

Yearly Trough Low 57,380 INR

Transaction Impact: A difference of 4,001.75 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.1034

11.6300

JanuMarcMayJulySeptNove

HRK to INR 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 11.7881, compared to 11.9180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1299 points.

H1 Avg (Jan–Jun) 11.7881

H2 Avg (Jul–Dec) 11.9180

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.4810 INR (High: 12.1769 / Low: 11.6959). On the other end, October was the most stable month, with a tight range of 0.1933 INR (High: 11.7570 / Low: 11.5638).

November Spread (Volatile) ±0.4810

October Spread (Stable) ±0.1933

Growth Streaks & Declines

Trends

Between October and December, 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 0.2267 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 12.0640) against the same month in 2022 (average: 11.5710), the exchange rate shifted by +0.4930 (+4.26%).

2023 Avg (December) 12.0640

2022 Avg (December) 11.5710

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8143	11.5408	11.7019
February	11.9407	11.6009	11.7307
March	11.9055	11.4760	11.6855
April	12.0114	11.7859	11.9214
May	12.0148	11.7329	11.8659
June	11.9541	11.6996	11.8234
July	12.2398	11.8450	12.0607
August	12.0922	11.8263	11.9923
September	11.8508	11.6058	11.7656
October	11.7570	11.5638	11.6694
November	12.1769	11.6959	11.9562
December	12.2763	11.9076	12.0640