2023 HRK to JPY Historical Review

YEARLY HIGH

21.7798 JPY

YEARLY LOW

18.3695 JPY

YEARLY AVERAGE

20.1654 JPY

2023 HRK to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 21.7798. Conversely, the yearly low was recorded on January 17, dropping to 18.3695.

This high-to-low spread represents a total annual volatility of 3.4103 JPY. From a start-to-finish perspective, comparing the January average rate of 18.6390 to the December average rate of 20.8192, the exchange rate registered a net change of 11.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.7798 was up 11.26% compared to the 2022 peak of 19.5748, 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 108,899 JPY

2022 Average 91,592 JPY

Yearly Trough Low 91,847 JPY

Transaction Impact: A difference of 17,051.35 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.7959

18.3520

JanuMarcMayJulySeptNove

HRK to JPY 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 19.3456, compared to 20.9853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6397 points.

H1 Avg (Jan–Jun) 19.3456

H2 Avg (Jul–Dec) 20.9853

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.1148 JPY (High: 20.9236 / Low: 19.8088). On the other end, September was the most stable month, with a tight range of 0.2074 JPY (High: 21.0243 / Low: 20.8170).

June Spread (Volatile) ±1.1148

September Spread (Stable) ±0.2074

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.6897 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.6897

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 21.5089) against the same month in 2022 (average: 19.2262), the exchange rate shifted by +2.2828 (+11.87%).

2023 Avg (November) 21.5089

2022 Avg (November) 19.2262

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.8471	18.3695	18.6390
February	19.1952	18.6247	18.9076
March	19.2878	18.6635	18.9803
April	19.9341	18.9504	19.4292
May	20.0506	19.4796	19.7799
June	20.9236	19.8088	20.3374
July	20.9436	20.2358	20.7120
August	21.1918	20.7125	20.9612
September	21.0243	20.8170	20.9404
October	21.2453	20.7276	20.9700
November	21.7798	21.1537	21.5089
December	21.2083	20.5497	20.8192