2023 HRK to LKR Historical Review

YEARLY HIGH

53.4805 LKR

YEARLY LOW

41.2532 LKR

YEARLY AVERAGE

47.1654 LKR

2023 HRK to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 53.4805. Conversely, the yearly low was recorded on June 2, dropping to 41.2532.

This high-to-low spread represents a total annual volatility of 12.2273 LKR. From a start-to-finish perspective, comparing the January average rate of 52.3676 to the December average rate of 47.3511, the exchange rate registered a net change of -9.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 53.4805 was up 2.97% compared to the 2022 peak of 51.9398, 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 267,402 LKR

2022 Average 224,970 LKR

Yearly Trough Low 206,266 LKR

Transaction Impact: A difference of 61,136.47 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

53.2486

42.6761

JanuMarcMayJulySeptNove

HRK to LKR 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 47.7951, compared to 46.5358 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2593 points.

H1 Avg (Jan–Jun) 47.7951

H2 Avg (Jul–Dec) 46.5358

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 5.6520 LKR (High: 51.3073 / Low: 45.6553). On the other end, September was the most stable month, with a tight range of 0.9449 LKR (High: 46.1490 / Low: 45.2041).

March Spread (Volatile) ±5.6520

September Spread (Stable) ±0.9449

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 4.3216 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.3216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 51.8284) against the same month in 2022 (average: 30.4802), the exchange rate shifted by +21.3482 (+70.04%).

2023 Avg (February) 51.8284

2022 Avg (February) 30.4802

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	52.9751	51.0677	52.3676
February	53.4805	50.8100	51.8284
March	51.3073	45.6553	47.5067
April	47.4953	45.9426	46.8336
May	46.9697	41.7214	44.6772
June	46.0517	41.2532	43.5571
July	48.7115	44.2183	46.8682
August	47.2922	45.8201	46.5791
September	46.1490	45.2041	45.7872
October	46.1459	45.0252	45.5650
November	48.0879	46.0603	47.0638
December	47.8205	46.7509	47.3511