YEARLY HIGH
17.7476 VUV
YEARLY LOW
16.4839 VUV
YEARLY AVERAGE
17.0314 VUV

2023 HRK to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 17.7476. Conversely, the yearly low was recorded on January 5, dropping to 16.4839.

This high-to-low spread represents a total annual volatility of 1.2637 VUV. From a start-to-finish perspective, comparing the January average rate of 16.9030 to the December average rate of 17.2058, the exchange rate registered a net change of 1.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.7476 was up 2.25% compared to the 2022 peak of 17.3577, 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 88,738 VUV
2022 Average 81,642 VUV
Yearly Trough Low 82,419 VUV
Transaction Impact: A difference of 6,318.42 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.5349
16.5658
JanuMarcMayJulySeptNove

HRK to VUV 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 17.0028, compared to 17.0601 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0574 points.

H1 Avg (Jan–Jun) 17.0028
H2 Avg (Jul–Dec) 17.0601

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.7281 VUV (High: 17.2502 / Low: 16.5221). On the other end, October was the most stable month, with a tight range of 0.3157 VUV (High: 16.8111 / Low: 16.4954).

February Spread (Volatile) ±0.7281
October Spread (Stable) ±0.3157

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 0.3668 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3668

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 17.4541) against the same month in 2022 (average: 16.0395), the exchange rate shifted by +1.4146 (+8.82%).

2023 Avg (July) 17.4541
2022 Avg (July) 16.0395

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.1112 16.4839 16.9030
February 17.2502 16.5221 16.7585
March 17.1211 16.5275 16.7773
April 17.4595 17.0624 17.3076
May 17.4799 16.8866 17.1507
June 17.3573 16.8913 17.1195
July 17.7476 17.1412 17.4541
August 17.3490 17.0088 17.1870
September 17.0055 16.5537 16.8202
October 16.8111 16.4954 16.6466
November 17.3378 16.6786 17.0471
December 17.5033 16.9562 17.2058