2023 HRK to RUB Historical Review

YEARLY HIGH

14.5282 RUB

YEARLY LOW

9.4832 RUB

YEARLY AVERAGE

12.2651 RUB

2023 HRK to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 14.5282. Conversely, the yearly low was recorded on January 15, dropping to 9.4832.

This high-to-low spread represents a total annual volatility of 5.0451 RUB. From a start-to-finish perspective, comparing the January average rate of 10.0173 to the December average rate of 13.1963, the exchange rate registered a net change of 31.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.5282 was down 29.14% compared to the 2022 peak of 20.5013, 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 72,641 RUB

2022 Average 49,154 RUB

Yearly Trough Low 47,416 RUB

Transaction Impact: A difference of 25,225.34 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.2596

9.6316

JanuMarcMayJulySeptNove

HRK to RUB 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 11.0829, compared to 13.4473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3644 points.

H1 Avg (Jan–Jun) 11.0829

H2 Avg (Jul–Dec) 13.4473

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.3923 RUB (High: 12.8633 / Low: 11.4711). On the other end, November was the most stable month, with a tight range of 0.4455 RUB (High: 13.2213 / Low: 12.7757).

June Spread (Volatile) ±1.3923

November Spread (Stable) ±0.4455

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 October and November, when the average rate fell by 0.6042 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 13.8739) against the same month in 2022 (average: 8.1921), the exchange rate shifted by +5.6818 (+69.36%).

2023 Avg (August) 13.8739

2022 Avg (August) 8.1921

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.4537	9.4832	10.0173
February	10.6484	10.1170	10.4360
March	11.1847	10.5830	10.8490
April	11.9916	11.1560	11.7831
May	11.7442	11.0940	11.4096
June	12.8633	11.4711	12.0024
July	13.6186	12.7323	13.2961
August	14.5282	13.5040	13.8739
September	13.9872	13.4748	13.7046
October	14.1921	13.0946	13.6084
November	13.2213	12.7757	13.0042
December	13.5713	12.9229	13.1963