2023 RON to HRK Historical Review

YEARLY HIGH

1.5450 HRK

YEARLY LOW

1.5075 HRK

YEARLY AVERAGE

1.5232 HRK

2023 RON to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 1.5450. Conversely, the yearly low was recorded on January 3, dropping to 1.5075.

This high-to-low spread represents a total annual volatility of 0.0376 HRK. From a start-to-finish perspective, comparing the January average rate of 1.5290 to the December average rate of 1.5161, the exchange rate registered a net change of -0.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5450 was down 1.16% compared to the 2022 peak of 1.5631, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,725 HRK

2022 Average 7,641 HRK

Yearly Trough Low 7,537 HRK

Transaction Impact: A difference of 187.83 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.5376

1.5140

JanuMarcMayJulySeptNove

RON 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 1.5271, compared to 1.5194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 1.5271

H2 Avg (Jul–Dec) 1.5194

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0376 HRK (High: 1.5450 / Low: 1.5075). On the other end, August was the most stable month, with a tight range of 0.0052 HRK (High: 1.5272 / Low: 1.5221).

January Spread (Volatile) ±0.0376

August Spread (Stable) ±0.0052

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 August and September, when the average rate fell by 0.0073 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.5290) against the same month in 2022 (average: 1.5217), the exchange rate shifted by +0.0073 (+0.48%).

2023 Avg (January) 1.5290

2022 Avg (January) 1.5217

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5450	1.5075	1.5290
February	1.5407	1.5292	1.5357
March	1.5339	1.5203	1.5296
April	1.5291	1.5228	1.5264
May	1.5313	1.5130	1.5229
June	1.5226	1.5169	1.5191
July	1.5319	1.5193	1.5251
August	1.5272	1.5221	1.5248
September	1.5245	1.5142	1.5174
October	1.5203	1.5144	1.5169
November	1.5186	1.5130	1.5159
December	1.5212	1.5137	1.5161