2023 MWK to HRK Historical Review

YEARLY HIGH

0.0070 HRK

YEARLY LOW

0.0040 HRK

YEARLY AVERAGE

0.0063 HRK

2023 MWK to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0070. Conversely, the yearly low was recorded on December 27, dropping to 0.0040.

This high-to-low spread represents a total annual volatility of 0.0030 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0068 to the December average rate of 0.0041, the exchange rate registered a net change of -39.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0070 was down 20.89% compared to the 2022 peak of 0.0089, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35 HRK

2022 Average 39 HRK

Yearly Trough Low 20 HRK

Transaction Impact: A difference of 14.96 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0071

0.0038

JanuMarcMayJulySeptNove

MWK 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 0.0068, compared to 0.0058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0068

H2 Avg (Jul–Dec) 0.0058

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0023 HRK (High: 0.0063 / Low: 0.0041). On the other end, December was the most stable month, with a tight range of 0.0001 HRK (High: 0.0042 / Low: 0.0040).

November Spread (Volatile) ±0.0023

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0069) against the same month in 2022 (average: 0.0085), the exchange rate shifted by -0.0016 (-19.12%).

2023 Avg (March) 0.0069

2022 Avg (March) 0.0085

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0070	0.0067	0.0068
February	0.0070	0.0067	0.0069
March	0.0070	0.0067	0.0069
April	0.0068	0.0066	0.0067
May	0.0069	0.0066	0.0068
June	0.0069	0.0066	0.0068
July	0.0066	0.0064	0.0065
August	0.0066	0.0063	0.0064
September	0.0067	0.0063	0.0065
October	0.0066	0.0061	0.0062
November	0.0063	0.0041	0.0050
December	0.0042	0.0040	0.0041