YEARLY HIGH
0.0205 HRK
YEARLY LOW
0.0186 HRK
YEARLY AVERAGE
0.0198 HRK

2023 HUF to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 0.0205. Conversely, the yearly low was recorded on January 3, dropping to 0.0186.

This high-to-low spread represents a total annual volatility of 0.0019 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0191 to the December average rate of 0.0197, the exchange rate registered a net change of 3.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0205 was down 4.07% compared to the 2022 peak of 0.0213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 20,467 HRK
2022 Average 19,314 HRK
Yearly Trough Low 18,576 HRK
Transaction Impact: A difference of 1,891.36 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0205
0.0190
JanuMarcMayJulySeptNove

HUF to HRK 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 0.0198, compared to 0.0197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0198
H2 Avg (Jul–Dec) 0.0197

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0012 HRK (High: 0.0202 / Low: 0.0189). On the other end, June was the most stable month, with a tight range of 0.0003 HRK (High: 0.0205 / Low: 0.0202).

March Spread (Volatile) ±0.0012
June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0203) against the same month in 2022 (average: 0.0190), the exchange rate shifted by +0.0014 (+7.24%).

2023 Avg (June) 0.0203
2022 Avg (June) 0.0190

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0195 0.0186 0.0191
February 0.0200 0.0191 0.0196
March 0.0202 0.0189 0.0196
April 0.0203 0.0198 0.0201
May 0.0204 0.0201 0.0202
June 0.0205 0.0202 0.0203
July 0.0202 0.0194 0.0199
August 0.0198 0.0192 0.0196
September 0.0197 0.0192 0.0195
October 0.0197 0.0193 0.0195
November 0.0200 0.0196 0.0199
December 0.0199 0.0196 0.0197