2023 HRK to SLL Historical Review

YEARLY HIGH

3091.5466 SLL

YEARLY LOW

2466.7722 SLL

YEARLY AVERAGE

2738.0433 SLL

2023 HRK to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 3091.5466. Conversely, the yearly low was recorded on January 5, dropping to 2466.7722.

This high-to-low spread represents a total annual volatility of 624.7744 SLL. From a start-to-finish perspective, comparing the January average rate of 2529.4988 to the December average rate of 3039.0014, the exchange rate registered a net change of 20.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3091.5466 was up 23.25% compared to the 2022 peak of 2508.4491, 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 15,457,733 SLL

2022 Average 9,557,689 SLL

Yearly Trough Low 12,333,861 SLL

Transaction Impact: A difference of 3,123,871.86 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3092.1151

2454.7504

JanuMarcMayJulySeptNove

HRK to SLL 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 2534.2045, compared to 2941.8820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 407.6775 points.

H1 Avg (Jan–Jun) 2534.2045

H2 Avg (Jul–Dec) 2941.8820

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 523.3212 SLL (High: 3068.3047 / Low: 2544.9835). On the other end, October was the most stable month, with a tight range of 55.7588 SLL (High: 2969.2921 / Low: 2913.5332).

July Spread (Volatile) ±523.3212

October Spread (Stable) ±55.7588

Growth Streaks & Declines

Trends

Between February and April, 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 64.7803 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -64.7803

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3039.0014) against the same month in 2022 (average: 2479.1990), the exchange rate shifted by +559.8024 (+22.58%).

2023 Avg (December) 3039.0014

2022 Avg (December) 2479.1990

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2560.6459	2466.7722	2529.4988
February	2581.4509	2472.4898	2507.8642
March	2556.6542	2473.2950	2510.0331
April	2592.2353	2533.2793	2569.6809
May	2595.2721	2507.1816	2546.3968
June	2577.0726	2507.8729	2541.7532
July	3068.3047	2544.9835	2654.4902
August	3064.3070	3004.2091	3035.6816
September	3003.6256	2923.8282	2970.9013
October	2969.2921	2913.5332	2940.2360
November	3062.3201	2945.8872	3010.9817
December	3091.5466	2994.9241	3039.0014