YEARLY HIGH
2252.1922 LBP
YEARLY LOW
212.5348 LBP
YEARLY AVERAGE
1972.0858 LBP

2023 HRK to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 2252.1922. Conversely, the yearly low was recorded on January 5, dropping to 212.5348.

This high-to-low spread represents a total annual volatility of 2039.6574 LBP. From a start-to-finish perspective, comparing the January average rate of 217.0623 to the December average rate of 2181.1684, the exchange rate registered a net change of 904.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2252.1922 was up 874.72% compared to the 2022 peak of 231.0609, 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 11,260,961 LBP
2022 Average 1,059,791 LBP
Yearly Trough Low 1,062,674 LBP
Transaction Impact: A difference of 10,198,286.82 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2410.0708
17.6979
JanuMarcMayJulySeptNove

HRK to LBP 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 1783.2907, compared to 2160.8809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 377.5901 points.

H1 Avg (Jan–Jun) 1783.2907
H2 Avg (Jul–Dec) 2160.8809

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1976.9197 LBP (High: 2193.0482 / Low: 216.1286). On the other end, January was the most stable month, with a tight range of 7.3863 LBP (High: 219.9211 / Low: 212.5348).

February Spread (Volatile) ±1976.9197
January Spread (Stable) ±7.3863

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 47.3408 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -47.3408

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2210.7064) against the same month in 2022 (average: 204.9904), the exchange rate shifted by +2005.7160 (+978.44%).

2023 Avg (July) 2210.7064
2022 Avg (July) 204.9904

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 219.9211 212.5348 217.0623
February 2193.0482 216.1286 1794.2031
March 2185.8696 2095.0088 2142.0011
April 2221.5796 2162.4965 2195.9324
May 2233.9896 2132.6445 2174.6238
June 2214.6062 2140.7177 2175.9216
July 2252.1922 2158.9888 2210.7064
August 2218.3663 2150.0533 2180.0696
September 2163.0841 2096.3665 2132.7288
October 2128.0474 2089.0082 2106.0510
November 2193.1030 2111.3228 2154.5610
December 2218.0512 2147.3418 2181.1684