2023 HRK to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 HRK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |