2023 HRK to RON Historical Review

YEARLY HIGH

0.6634 RON

YEARLY LOW

0.6472 RON

YEARLY AVERAGE

0.6565 RON

2023 HRK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.6634. Conversely, the yearly low was recorded on January 26, dropping to 0.6472.

This high-to-low spread represents a total annual volatility of 0.0161 RON. From a start-to-finish perspective, comparing the January average rate of 0.6540 to the December average rate of 0.6596, the exchange rate registered a net change of 0.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6634 was up 0.50% compared to the 2022 peak of 0.6600, 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 3,317 RON

2022 Average 3,272 RON

Yearly Trough Low 3,236 RON

Transaction Impact: A difference of 80.65 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6605

0.6503

JanuMarcMayJulySeptNove

HRK to RON 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 0.6548, compared to 0.6582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.6548

H2 Avg (Jul–Dec) 0.6582

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0161 RON (High: 0.6634 / Low: 0.6472). On the other end, August was the most stable month, with a tight range of 0.0022 RON (High: 0.6570 / Low: 0.6548).

January Spread (Volatile) ±0.0161

August Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.0029 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6540) against the same month in 2022 (average: 0.6572), the exchange rate shifted by -0.0031 (-0.47%).

2023 Avg (January) 0.6540

2022 Avg (January) 0.6572

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6634	0.6472	0.6540
February	0.6539	0.6491	0.6512
March	0.6578	0.6519	0.6538
April	0.6567	0.6540	0.6551
May	0.6609	0.6530	0.6567
June	0.6593	0.6568	0.6583
July	0.6582	0.6528	0.6557
August	0.6570	0.6548	0.6558
September	0.6604	0.6560	0.6590
October	0.6603	0.6578	0.6592
November	0.6609	0.6585	0.6597
December	0.6606	0.6574	0.6596