YEARLY HIGH
0.0126 HRK
YEARLY LOW
0.0111 HRK
YEARLY AVERAGE
0.0117 HRK

2023 SDG to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.0126. Conversely, the yearly low was recorded on July 17, dropping to 0.0111.

This high-to-low spread represents a total annual volatility of 0.0015 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0121 to the December average rate of 0.0115, the exchange rate registered a net change of -5.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0126 was down 23.21% compared to the 2022 peak of 0.0164, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63 HRK
2022 Average 73 HRK
Yearly Trough Low 56 HRK
Transaction Impact: A difference of 7.31 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0122
0.0113
JanuMarcMayJulySeptNove

SDG 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 0.0118, compared to 0.0116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0118
H2 Avg (Jul–Dec) 0.0116

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0012 HRK (High: 0.0126 / Low: 0.0114). On the other end, August was the most stable month, with a tight range of 0.0002 HRK (High: 0.0116 / Low: 0.0114).

November Spread (Volatile) ±0.0012
August Spread (Stable) ±0.0002

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0116) against the same month in 2022 (average: 0.0130), the exchange rate shifted by -0.0013 (-10.20%).

2023 Avg (November) 0.0116
2022 Avg (November) 0.0130

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0125 0.0119 0.0121
February 0.0122 0.0117 0.0120
March 0.0123 0.0116 0.0119
April 0.0120 0.0114 0.0115
May 0.0117 0.0114 0.0116
June 0.0117 0.0114 0.0116
July 0.0116 0.0111 0.0113
August 0.0116 0.0114 0.0115
September 0.0119 0.0116 0.0117
October 0.0120 0.0118 0.0119
November 0.0126 0.0114 0.0116
December 0.0117 0.0113 0.0115