2023 HRK to XCD Historical Review

YEARLY HIGH

0.4031 XCD

YEARLY LOW

0.3755 XCD

YEARLY AVERAGE

0.3880 XCD

2023 HRK to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.4031. Conversely, the yearly low was recorded on October 3, dropping to 0.3755.

This high-to-low spread represents a total annual volatility of 0.0276 XCD. From a start-to-finish perspective, comparing the January average rate of 0.3870 to the December average rate of 0.3917, the exchange rate registered a net change of 1.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4031 was down 2.08% compared to the 2022 peak of 0.4117, 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 2,016 XCD

2022 Average 1,890 XCD

Yearly Trough Low 1,877 XCD

Transaction Impact: A difference of 138.15 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3983

0.3772

JanuMarcMayJulySeptNove

HRK to XCD 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 0.3877, compared to 0.3882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.3877

H2 Avg (Jul–Dec) 0.3882

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0167 XCD (High: 0.3949 / Low: 0.3783). On the other end, October was the most stable month, with a tight range of 0.0072 XCD (High: 0.3827 / Low: 0.3755).

February Spread (Volatile) ±0.0167

October Spread (Stable) ±0.0072

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 0.0083 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.3966) against the same month in 2022 (average: 0.3665), the exchange rate shifted by +0.0301 (+8.21%).

2023 Avg (July) 0.3966

2022 Avg (July) 0.3665

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3918	0.3774	0.3870
February	0.3949	0.3783	0.3837
March	0.3911	0.3784	0.3840
April	0.3966	0.3876	0.3931
May	0.3970	0.3836	0.3896
June	0.3943	0.3837	0.3889
July	0.4031	0.3894	0.3966
August	0.3949	0.3872	0.3912
September	0.3871	0.3768	0.3829
October	0.3827	0.3755	0.3789
November	0.3947	0.3797	0.3881
December	0.3984	0.3860	0.3917