2023 ISK to HRK Historical Review

YEARLY HIGH

0.0530 HRK

YEARLY LOW

0.0480 HRK

YEARLY AVERAGE

0.0505 HRK

2023 ISK to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.0530. Conversely, the yearly low was recorded on January 25, dropping to 0.0480.

This high-to-low spread represents a total annual volatility of 0.0051 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0489 to the December average rate of 0.0501, the exchange rate registered a net change of 2.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0530 was down 4.22% compared to the 2022 peak of 0.0554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 265 HRK

2022 Average 265 HRK

Yearly Trough Low 240 HRK

Transaction Impact: A difference of 25.31 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0528

0.0485

JanuMarcMayJulySeptNove

ISK 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 0.0499, compared to 0.0512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0499

H2 Avg (Jul–Dec) 0.0512

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0021 HRK (High: 0.0510 / Low: 0.0490). On the other end, April was the most stable month, with a tight range of 0.0005 HRK (High: 0.0506 / Low: 0.0501).

November Spread (Volatile) ±0.0021

April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0524) against the same month in 2022 (average: 0.0535), the exchange rate shifted by -0.0011 (-2.13%).

2023 Avg (August) 0.0524

2022 Avg (August) 0.0535

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0498	0.0480	0.0489
February	0.0499	0.0487	0.0492
March	0.0509	0.0497	0.0503
April	0.0506	0.0501	0.0504
May	0.0506	0.0497	0.0501
June	0.0509	0.0499	0.0504
July	0.0522	0.0505	0.0514
August	0.0530	0.0519	0.0524
September	0.0530	0.0517	0.0522
October	0.0520	0.0511	0.0515
November	0.0510	0.0490	0.0498
December	0.0502	0.0496	0.0501