2023 HRK to SDG Historical Review

YEARLY HIGH

89.7230 SDG

YEARLY LOW

79.3147 SDG

YEARLY AVERAGE

85.6046 SDG

2023 HRK to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 89.7230. Conversely, the yearly low was recorded on November 20, dropping to 79.3147.

This high-to-low spread represents a total annual volatility of 10.4084 SDG. From a start-to-finish perspective, comparing the January average rate of 82.6038 to the December average rate of 87.0998, the exchange rate registered a net change of 5.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 89.7230 was up 10.46% compared to the 2022 peak of 81.2246, 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 448,615 SDG

2022 Average 347,554 SDG

Yearly Trough Low 396,573 SDG

Transaction Impact: A difference of 52,041.86 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

88.7610

82.0441

JanuMarcMayJulySeptNove

HRK to SDG 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 84.9179, compared to 86.2914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3736 points.

H1 Avg (Jan–Jun) 84.9179

H2 Avg (Jul–Dec) 86.2914

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 8.3805 SDG (High: 87.6951 / Low: 79.3147). On the other end, October was the most stable month, with a tight range of 1.6409 SDG (High: 85.1019 / Low: 83.4610).

November Spread (Volatile) ±8.3805

October Spread (Stable) ±1.6409

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 August and September, when the average rate fell by 1.8679 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.8679

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 88.2012) against the same month in 2022 (average: 61.8803), the exchange rate shifted by +26.3209 (+42.54%).

2023 Avg (July) 88.2012

2022 Avg (July) 61.8803

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	84.0457	80.0846	82.6038
February	85.2690	82.2997	83.1330
March	85.9696	81.2326	83.7884
April	88.0319	83.4189	86.9722
May	88.0762	85.2995	86.5025
June	87.7503	85.3230	86.5072
July	89.7230	86.5136	88.2012
August	87.8982	86.1743	87.0538
September	86.1576	83.7989	85.1858
October	85.1019	83.4610	84.2579
November	87.6951	79.3147	85.9500
December	88.6058	85.8365	87.0998