2023 HRK to SVC Historical Review

YEARLY HIGH

1.3048 SVC

YEARLY LOW

1.2162 SVC

YEARLY AVERAGE

1.2555 SVC

2023 HRK to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 1.3048. Conversely, the yearly low was recorded on October 3, dropping to 1.2162.

This high-to-low spread represents a total annual volatility of 0.0886 SVC. From a start-to-finish perspective, comparing the January average rate of 1.2530 to the December average rate of 1.2694, the exchange rate registered a net change of 1.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3048 was down 2.15% compared to the 2022 peak of 1.3335, 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 6,524 SVC

2022 Average 6,119 SVC

Yearly Trough Low 6,081 SVC

Transaction Impact: A difference of 442.84 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2881

1.2203

JanuMarcMayJulySeptNove

HRK to SVC 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 1.2546, compared to 1.2565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 1.2546

H2 Avg (Jul–Dec) 1.2565

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0546 SVC (High: 1.2786 / Low: 1.2240). On the other end, October was the most stable month, with a tight range of 0.0223 SVC (High: 1.2385 / Low: 1.2162).

February Spread (Volatile) ±0.0546

October Spread (Stable) ±0.0223

Growth Streaks & Declines

Trends

Between October and December, 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 0.0273 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0273

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.2824) against the same month in 2022 (average: 1.1862), the exchange rate shifted by +0.0962 (+8.11%).

2023 Avg (July) 1.2824

2022 Avg (July) 1.1862

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2685	1.2226	1.2530
February	1.2786	1.2240	1.2424
March	1.2665	1.2213	1.2414
April	1.2835	1.2522	1.2715
May	1.2852	1.2414	1.2607
June	1.2764	1.2417	1.2588
July	1.3048	1.2586	1.2824
August	1.2791	1.2531	1.2667
September	1.2542	1.2213	1.2394
October	1.2385	1.2162	1.2260
November	1.2769	1.2286	1.2549
December	1.2918	1.2499	1.2694