2023 HRK to VUV Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 HRK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |