2023 LKR to HRK Historical Review

YEARLY HIGH

0.0242 HRK

YEARLY LOW

0.0187 HRK

YEARLY AVERAGE

0.0213 HRK

2023 LKR to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0242. Conversely, the yearly low was recorded on February 1, dropping to 0.0187.

This high-to-low spread represents a total annual volatility of 0.0055 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0191 to the December average rate of 0.0211, the exchange rate registered a net change of 10.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0242 was down 29.77% compared to the 2022 peak of 0.0345, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 121 HRK

2022 Average 115 HRK

Yearly Trough Low 93 HRK

Transaction Impact: A difference of 27.71 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0234

0.0187

JanuMarcMayJulySeptNove

LKR 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 0.0210, compared to 0.0215 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) 0.0210

H2 Avg (Jul–Dec) 0.0215

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0027 HRK (High: 0.0240 / Low: 0.0213). On the other end, September was the most stable month, with a tight range of 0.0005 HRK (High: 0.0221 / Low: 0.0217).

May Spread (Volatile) ±0.0027

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0016 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0230) against the same month in 2022 (average: 0.0198), the exchange rate shifted by +0.0032 (+16.08%).

2023 Avg (June) 0.0230

2022 Avg (June) 0.0198

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0196	0.0189	0.0191
February	0.0197	0.0187	0.0193
March	0.0219	0.0195	0.0211
April	0.0218	0.0211	0.0214
May	0.0240	0.0213	0.0224
June	0.0242	0.0217	0.0230
July	0.0226	0.0205	0.0214
August	0.0218	0.0211	0.0215
September	0.0221	0.0217	0.0218
October	0.0222	0.0217	0.0219
November	0.0217	0.0208	0.0213
December	0.0214	0.0209	0.0211