2023 HRK to NZD Historical Review

YEARLY HIGH

0.2440 NZD

YEARLY LOW

0.2222 NZD

YEARLY AVERAGE

0.2338 NZD

2023 HRK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 0.2440. Conversely, the yearly low was recorded on January 22, dropping to 0.2222.

This high-to-low spread represents a total annual volatility of 0.0217 NZD. From a start-to-finish perspective, comparing the January average rate of 0.2235 to the December average rate of 0.2327, the exchange rate registered a net change of 4.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2440 was up 4.80% compared to the 2022 peak of 0.2328, 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 1,220 NZD

2022 Average 1,101 NZD

Yearly Trough Low 1,111 NZD

Transaction Impact: A difference of 108.63 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2436

0.2217

JanuMarcMayJulySeptNove

HRK to NZD 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 0.2299, compared to 0.2378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.2299

H2 Avg (Jul–Dec) 0.2378

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0104 NZD (High: 0.2395 / Low: 0.2291). On the other end, December was the most stable month, with a tight range of 0.0033 NZD (High: 0.2348 / Low: 0.2315).

April Spread (Volatile) ±0.0104

December Spread (Stable) ±0.0033

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 November and December, when the average rate fell by 0.0067 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.2418) against the same month in 2022 (average: 0.2154), the exchange rate shifted by +0.0264 (+12.24%).

2023 Avg (August) 0.2418

2022 Avg (August) 0.2154

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2271	0.2222	0.2235
February	0.2284	0.2235	0.2261
March	0.2316	0.2257	0.2289
April	0.2395	0.2291	0.2343
May	0.2366	0.2281	0.2322
June	0.2386	0.2322	0.2345
July	0.2395	0.2331	0.2358
August	0.2440	0.2380	0.2418
September	0.2425	0.2341	0.2390
October	0.2421	0.2328	0.2379
November	0.2416	0.2348	0.2394
December	0.2348	0.2315	0.2327