2023 HRK to UZS Historical Review

YEARLY HIGH

1823.2385 UZS

YEARLY LOW

1577.1599 UZS

YEARLY AVERAGE

1684.7209 UZS

2023 HRK to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1823.2385. Conversely, the yearly low was recorded on January 5, dropping to 1577.1599.

This high-to-low spread represents a total annual volatility of 246.0785 UZS. From a start-to-finish perspective, comparing the January average rate of 1618.6098 to the December average rate of 1790.4170, the exchange rate registered a net change of 10.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1823.2385 was up 7.91% compared to the 2022 peak of 1689.6069, 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 9,116,192 UZS

2022 Average 7,726,995 UZS

Yearly Trough Low 7,885,800 UZS

Transaction Impact: A difference of 1,230,392.69 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1808.4964

1591.5437

JanuMarcMayJulySeptNove

HRK to UZS 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 1634.0257, compared to 1735.4162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 101.3905 points.

H1 Avg (Jan–Jun) 1634.0257

H2 Avg (Jul–Dec) 1735.4162

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 77.7587 UZS (High: 1798.2685 / Low: 1720.5098). On the other end, October was the most stable month, with a tight range of 33.0485 UZS (High: 1730.6812 / Low: 1697.6327).

November Spread (Volatile) ±77.7587

October Spread (Stable) ±33.0485

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 10.8782 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -10.8782

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1790.4170) against the same month in 2022 (average: 1579.2941), the exchange rate shifted by +211.1229 (+13.37%).

2023 Avg (December) 1790.4170

2022 Avg (December) 1579.2941

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1638.1761	1577.1599	1618.6098
February	1648.2907	1587.7129	1609.6231
March	1655.1227	1587.6577	1617.2816
April	1674.9747	1634.0127	1659.1992
May	1682.4098	1619.0230	1649.3713
June	1678.1720	1624.7663	1650.0692
July	1731.5410	1657.4154	1698.4650
August	1760.5524	1690.9718	1725.0469
September	1736.9315	1701.5639	1723.6240
October	1730.6812	1697.6327	1712.7459
November	1798.2685	1720.5098	1762.1983
December	1823.2385	1759.9898	1790.4170