2023 HRK to PLN Historical Review

YEARLY HIGH

0.6353 PLN

YEARLY LOW

0.5706 PLN

YEARLY AVERAGE

0.6026 PLN

2023 HRK to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.6353. Conversely, the yearly low was recorded on December 13, dropping to 0.5706.

This high-to-low spread represents a total annual volatility of 0.0646 PLN. From a start-to-finish perspective, comparing the January average rate of 0.6207 to the December average rate of 0.5748, the exchange rate registered a net change of -7.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6353 was down 3.58% compared to the 2022 peak of 0.6589, 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 3,176 PLN

2022 Average 3,109 PLN

Yearly Trough Low 2,853 PLN

Transaction Impact: A difference of 323.20 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6348

0.5693

JanuMarcMayJulySeptNove

HRK to PLN 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 0.6137, compared to 0.5916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0221 points.

H1 Avg (Jan–Jun) 0.6137

H2 Avg (Jul–Dec) 0.5916

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0324 PLN (High: 0.6286 / Low: 0.5961). On the other end, March was the most stable month, with a tight range of 0.0048 PLN (High: 0.6250 / Low: 0.6201).

January Spread (Volatile) ±0.0324

March Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0145 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.6293) against the same month in 2022 (average: 0.6057), the exchange rate shifted by +0.0236 (+3.90%).

2023 Avg (February) 0.6293

2022 Avg (February) 0.6057

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6286	0.5961	0.6207
February	0.6353	0.6217	0.6293
March	0.6250	0.6201	0.6226
April	0.6223	0.6073	0.6155
May	0.6111	0.5957	0.6023
June	0.5996	0.5872	0.5918
July	0.5952	0.5847	0.5897
August	0.5950	0.5875	0.5916
September	0.6185	0.5929	0.6105
October	0.6144	0.5868	0.5986
November	0.5931	0.5733	0.5841
December	0.5767	0.5706	0.5748