YEARLY HIGH
3591.0531 VND
YEARLY LOW
3279.4972 VND
YEARLY AVERAGE
3421.3388 VND

2023 HRK to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 3591.0531. Conversely, the yearly low was recorded on January 5, dropping to 3279.4972.

This high-to-low spread represents a total annual volatility of 311.5559 VND. From a start-to-finish perspective, comparing the January average rate of 3360.6047 to the December average rate of 3519.3672, the exchange rate registered a net change of 4.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3591.0531 was up 3.77% compared to the 2022 peak of 3460.6282, 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 17,955,266 VND
2022 Average 16,354,209 VND
Yearly Trough Low 16,397,486 VND
Transaction Impact: A difference of 1,557,779.47 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3535.9309
3337.1663
JanuMarcMayJulySeptNove

HRK to VND 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 3375.2058, compared to 3467.4718 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 92.2660 points.

H1 Avg (Jan–Jun) 3375.2058
H2 Avg (Jul–Dec) 3467.4718

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 129.2201 VND (High: 3591.0531 / Low: 3461.8330). On the other end, September was the most stable month, with a tight range of 58.8459 VND (High: 3460.8826 / Low: 3402.0367).

December Spread (Volatile) ±129.2201
September Spread (Stable) ±58.8459

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 31.5568 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -31.5568

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3519.3672) against the same month in 2022 (average: 3338.6808), the exchange rate shifted by +180.6864 (+5.41%).

2023 Avg (December) 3519.3672
2022 Avg (December) 3338.6808

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3399.1304 3279.4972 3360.6047
February 3426.7479 3329.4283 3357.0721
March 3398.2146 3311.1783 3353.7300
April 3447.9357 3365.1706 3414.0887
May 3447.5210 3334.4144 3382.5319
June 3429.7787 3333.7673 3383.2075
July 3526.5751 3414.3230 3471.8264
August 3500.0482 3428.8305 3455.4071
September 3460.8826 3402.0367 3431.8322
October 3483.4084 3388.1795 3432.8747
November 3539.8591 3447.3747 3493.5230
December 3591.0531 3461.8330 3519.3672