2023 JPY to HRK Historical Review

YEARLY HIGH

0.0544 HRK

YEARLY LOW

0.0459 HRK

YEARLY AVERAGE

0.0497 HRK

2023 JPY to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0544. Conversely, the yearly low was recorded on November 15, dropping to 0.0459.

This high-to-low spread represents a total annual volatility of 0.0085 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0537 to the December average rate of 0.0480, the exchange rate registered a net change of -10.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0544 was down 9.75% compared to the 2022 peak of 0.0603, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 27,219 HRK

2022 Average 27,339 HRK

Yearly Trough Low 22,957 HRK

Transaction Impact: A difference of 4,261.95 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0544

0.0458

JanuMarcMayJulySeptNove

JPY 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 0.0517, compared to 0.0477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0517

H2 Avg (Jul–Dec) 0.0477

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0027 HRK (High: 0.0505 / Low: 0.0478). On the other end, September was the most stable month, with a tight range of 0.0005 HRK (High: 0.0480 / Low: 0.0476).

June Spread (Volatile) ±0.0027

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0014 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0537) against the same month in 2022 (average: 0.0579), the exchange rate shifted by -0.0042 (-7.29%).

2023 Avg (January) 0.0537

2022 Avg (January) 0.0579

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0544	0.0531	0.0537
February	0.0537	0.0521	0.0529
March	0.0536	0.0518	0.0527
April	0.0528	0.0502	0.0515
May	0.0513	0.0499	0.0506
June	0.0505	0.0478	0.0492
July	0.0494	0.0477	0.0483
August	0.0483	0.0472	0.0477
September	0.0480	0.0476	0.0478
October	0.0482	0.0471	0.0477
November	0.0473	0.0459	0.0465
December	0.0487	0.0472	0.0480