YEARLY HIGH
2.8243 LSL
YEARLY LOW
2.3683 LSL
YEARLY AVERAGE
2.6494 LSL

2023 HRK to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 2.8243. Conversely, the yearly low was recorded on January 5, dropping to 2.3683.

This high-to-low spread represents a total annual volatility of 0.4560 LSL. From a start-to-finish perspective, comparing the January average rate of 2.4493 to the December average rate of 2.7056, the exchange rate registered a net change of 10.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8243 was up 13.80% compared to the 2022 peak of 2.4817, 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 14,121 LSL
2022 Average 11,412 LSL
Yearly Trough Low 11,842 LSL
Transaction Impact: A difference of 2,279.79 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7734
2.4199
JanuMarcMayJulySeptNove

HRK to LSL 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 2.6104, compared to 2.6884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0780 points.

H1 Avg (Jan–Jun) 2.6104
H2 Avg (Jul–Dec) 2.6884

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1994 LSL (High: 2.7610 / Low: 2.5616). On the other end, October was the most stable month, with a tight range of 0.0875 LSL (High: 2.7226 / Low: 2.6351).

July Spread (Volatile) ±0.1994
October Spread (Stable) ±0.0875

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0498 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0498

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 2.6941) against the same month in 2022 (average: 2.2166), the exchange rate shifted by +0.4775 (+21.54%).

2023 Avg (June) 2.6941
2022 Avg (June) 2.2166

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5134 2.3683 2.4493
February 2.5923 2.4564 2.5414
March 2.6611 2.5603 2.5954
April 2.6944 2.5460 2.6383
May 2.8119 2.6744 2.7439
June 2.8243 2.6380 2.6941
July 2.7610 2.5616 2.6740
August 2.8199 2.6328 2.7217
September 2.7362 2.6346 2.6861
October 2.7226 2.6351 2.6721
November 2.7835 2.5896 2.6707
December 2.7855 2.6404 2.7056