2023 HRK to JOD Historical Review

YEARLY HIGH

0.1058 JOD

YEARLY LOW

0.0986 JOD

YEARLY AVERAGE

0.1018 JOD

2023 HRK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.1058. Conversely, the yearly low was recorded on October 3, dropping to 0.0986.

This high-to-low spread represents a total annual volatility of 0.0072 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1016 to the December average rate of 0.1028, the exchange rate registered a net change of 1.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1058 was down 2.04% compared to the 2022 peak of 0.1080, 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 529 JOD

2022 Average 496 JOD

Yearly Trough Low 493 JOD

Transaction Impact: A difference of 36.19 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1045

0.0990

JanuMarcMayJulySeptNove

HRK to JOD 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 0.1018, compared to 0.1019 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) 0.1018

H2 Avg (Jul–Dec) 0.1019

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0044 JOD (High: 0.1037 / Low: 0.0993). On the other end, October was the most stable month, with a tight range of 0.0019 JOD (High: 0.1004 / Low: 0.0986).

February Spread (Volatile) ±0.0044

October Spread (Stable) ±0.0019

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 0.0021 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1041) against the same month in 2022 (average: 0.0961), the exchange rate shifted by +0.0079 (+8.24%).

2023 Avg (July) 0.1041

2022 Avg (July) 0.0961

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1028	0.0990	0.1016
February	0.1037	0.0993	0.1007
March	0.1027	0.0993	0.1008
April	0.1041	0.1017	0.1032
May	0.1042	0.1007	0.1023
June	0.1035	0.1007	0.1021
July	0.1058	0.1022	0.1041
August	0.1035	0.1014	0.1025
September	0.1014	0.0990	0.1004
October	0.1004	0.0986	0.0995
November	0.1036	0.0997	0.1019
December	0.1046	0.1013	0.1028