2023 RSD to HRK Historical Review

YEARLY HIGH

0.0649 HRK

YEARLY LOW

0.0634 HRK

YEARLY AVERAGE

0.0643 HRK

2023 RSD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0649. Conversely, the yearly low was recorded on January 3, dropping to 0.0634.

This high-to-low spread represents a total annual volatility of 0.0016 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0642 to the December average rate of 0.0643, the exchange rate registered a net change of 0.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0649 was up 0.65% compared to the 2022 peak of 0.0645, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 325 HRK

2022 Average 321 HRK

Yearly Trough Low 317 HRK

Transaction Impact: A difference of 7.75 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0643

0.0642

JanuMarcMayJulySeptNove

RSD 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 0.0643, compared to 0.0643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0643

H2 Avg (Jul–Dec) 0.0643

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0011 HRK (High: 0.0645 / Low: 0.0634). On the other end, July was the most stable month, with a tight range of 0.0001 HRK (High: 0.0643 / Low: 0.0642).

November Spread (Volatile) ±0.0011

July Spread (Stable) ±0.0001

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 July and August, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0643) against the same month in 2022 (average: 0.0643), the exchange rate shifted by -0.0000 (-0.04%).

2023 Avg (March) 0.0643

2022 Avg (March) 0.0643

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0644	0.0634	0.0642
February	0.0644	0.0642	0.0642
March	0.0649	0.0640	0.0643
April	0.0648	0.0642	0.0643
May	0.0646	0.0642	0.0643
June	0.0644	0.0642	0.0643
July	0.0643	0.0642	0.0643
August	0.0644	0.0642	0.0643
September	0.0644	0.0641	0.0643
October	0.0645	0.0638	0.0643
November	0.0645	0.0634	0.0643
December	0.0644	0.0641	0.0643