2023 HRK to PYG Historical Review

YEARLY HIGH

1086.0254 PYG

YEARLY LOW

1004.8736 PYG

YEARLY AVERAGE

1046.1530 PYG

2023 HRK to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 1086.0254. Conversely, the yearly low was recorded on March 7, dropping to 1004.8736.

This high-to-low spread represents a total annual volatility of 81.1518 PYG. From a start-to-finish perspective, comparing the January average rate of 1056.2703 to the December average rate of 1066.3982, the exchange rate registered a net change of 0.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1086.0254 was up 1.36% compared to the 2022 peak of 1071.4586, 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 5,430,127 PYG

2022 Average 4,880,137 PYG

Yearly Trough Low 5,024,368 PYG

Transaction Impact: A difference of 405,759.21 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1072.4736

1016.7005

JanuMarcMayJulySeptNove

HRK to PYG 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 1039.4744, compared to 1052.8315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.3570 points.

H1 Avg (Jan–Jun) 1039.4744

H2 Avg (Jul–Dec) 1052.8315

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 52.2987 PYG (High: 1074.7041 / Low: 1022.4054). On the other end, August was the most stable month, with a tight range of 21.3276 PYG (High: 1065.0191 / Low: 1043.6915).

January Spread (Volatile) ±52.2987

August Spread (Stable) ±21.3276

Growth Streaks & Declines

Trends

Between May and July, 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 August and September, when the average rate fell by 22.0489 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -22.0489

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1067.8258) against the same month in 2022 (average: 973.5644), the exchange rate shifted by +94.2615 (+9.68%).

2023 Avg (November) 1067.8258

2022 Avg (November) 973.5644

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1074.7041	1022.4054	1056.2703
February	1073.3746	1022.8488	1036.6046
March	1037.8202	1004.8736	1021.3482
April	1064.3324	1023.1354	1041.3669
May	1055.7194	1023.6794	1038.0490
June	1058.5364	1023.8536	1043.2075
July	1084.9541	1045.1004	1065.7152
August	1065.0191	1043.6915	1052.7692
September	1042.2884	1017.3523	1030.7204
October	1051.5486	1012.8664	1033.5601
November	1086.0254	1047.9274	1067.8258
December	1081.7917	1050.1314	1066.3982