YEARLY HIGH
3030.5237 LAK
YEARLY LOW
2356.1879 LAK
YEARLY AVERAGE
2682.3777 LAK

2023 HRK to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 3030.5237. Conversely, the yearly low was recorded on March 18, dropping to 2356.1879.

This high-to-low spread represents a total annual volatility of 674.3359 LAK. From a start-to-finish perspective, comparing the January average rate of 2432.5889 to the December average rate of 2993.2797, the exchange rate registered a net change of 23.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3030.5237 was up 19.50% compared to the 2022 peak of 2535.9779, 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 15,152,619 LAK
2022 Average 9,927,802 LAK
Yearly Trough Low 11,780,939 LAK
Transaction Impact: A difference of 3,371,679.28 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3053.0406
2335.9103
JanuMarcMayJulySeptNove

HRK to LAK 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 2482.5180, compared to 2882.2375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 399.7196 points.

H1 Avg (Jan–Jun) 2482.5180
H2 Avg (Jul–Dec) 2882.2375

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 217.2950 LAK (High: 2748.8600 / Low: 2531.5650). On the other end, May was the most stable month, with a tight range of 45.3235 LAK (High: 2555.6391 / Low: 2510.3156).

June Spread (Volatile) ±217.2950
May Spread (Stable) ±45.3235

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 36.9178 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -36.9178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2993.2797) against the same month in 2022 (average: 2431.6897), the exchange rate shifted by +561.5900 (+23.09%).

2023 Avg (December) 2993.2797
2022 Avg (December) 2431.6897

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2460.7796 2409.5191 2432.5889
February 2460.8273 2358.9944 2395.6711
March 2452.8243 2356.1879 2397.8929
April 2535.4806 2430.2585 2494.0281
May 2555.6391 2510.3156 2529.9217
June 2748.8600 2531.5650 2645.0052
July 2855.7857 2715.9983 2803.7478
August 2850.0763 2775.4106 2814.5523
September 2867.7282 2793.9188 2822.7873
October 2930.8308 2834.7983 2888.1495
November 3019.5652 2911.6961 2970.9085
December 3030.5237 2960.0039 2993.2797