2023 SBD to HRK Historical Review

YEARLY HIGH

0.8665 HRK

YEARLY LOW

0.8011 HRK

YEARLY AVERAGE

0.8350 HRK

2023 SBD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.8665. Conversely, the yearly low was recorded on July 17, dropping to 0.8011.

This high-to-low spread represents a total annual volatility of 0.0654 HRK. From a start-to-finish perspective, comparing the January average rate of 0.8451 to the December average rate of 0.8159, the exchange rate registered a net change of -3.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8665 was down 9.90% compared to the 2022 peak of 0.9617, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,333 HRK

2022 Average 4,402 HRK

Yearly Trough Low 4,005 HRK

Transaction Impact: A difference of 327.21 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8597

0.8106

JanuMarcMayJulySeptNove

SBD 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 0.8420, compared to 0.8280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0140 points.

H1 Avg (Jan–Jun) 0.8420

H2 Avg (Jul–Dec) 0.8280

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0376 HRK (High: 0.8455 / Low: 0.8080). On the other end, August was the most stable month, with a tight range of 0.0163 HRK (High: 0.8340 / Low: 0.8177).

November Spread (Volatile) ±0.0376

August Spread (Stable) ±0.0163

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0262 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0262

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.8556) against the same month in 2022 (average: 0.8213), the exchange rate shifted by +0.0343 (+4.17%).

2023 Avg (February) 0.8556

2022 Avg (February) 0.8213

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8665	0.8363	0.8451
February	0.8665	0.8300	0.8556
March	0.8661	0.8393	0.8553
April	0.8471	0.8194	0.8290
May	0.8454	0.8194	0.8332
June	0.8448	0.8235	0.8338
July	0.8296	0.8011	0.8147
August	0.8340	0.8177	0.8255
September	0.8569	0.8322	0.8403
October	0.8561	0.8393	0.8457
November	0.8455	0.8080	0.8256
December	0.8279	0.8036	0.8159