2023 SRD to HRK Historical Review

YEARLY HIGH

0.2266 HRK

YEARLY LOW

0.1748 HRK

YEARLY AVERAGE

0.1912 HRK

2023 SRD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.2266. Conversely, the yearly low was recorded on July 19, dropping to 0.1748.

This high-to-low spread represents a total annual volatility of 0.0518 HRK. From a start-to-finish perspective, comparing the January average rate of 0.2195 to the December average rate of 0.1847, the exchange rate registered a net change of -15.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2266 was down 34.74% compared to the 2022 peak of 0.3473, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,133 HRK

2022 Average 1,508 HRK

Yearly Trough Low 874 HRK

Transaction Impact: A difference of 258.89 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2236

0.1754

JanuMarcMayJulySeptNove

SRD 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 0.1992, compared to 0.1832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 0.1992

H2 Avg (Jul–Dec) 0.1832

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0203 HRK (High: 0.2128 / Low: 0.1925). On the other end, October was the most stable month, with a tight range of 0.0031 HRK (High: 0.1885 / Low: 0.1854).

March Spread (Volatile) ±0.0203

October Spread (Stable) ±0.0031

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 0.0166 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2195) against the same month in 2022 (average: 0.3142), the exchange rate shifted by -0.0946 (-30.12%).

2023 Avg (January) 0.2195

2022 Avg (January) 0.3142

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2266	0.2137	0.2195
February	0.2186	0.2095	0.2148
March	0.2128	0.1925	0.2036
April	0.1932	0.1827	0.1870
May	0.1891	0.1811	0.1858
June	0.1887	0.1794	0.1844
July	0.1871	0.1748	0.1794
August	0.1828	0.1775	0.1805
September	0.1877	0.1809	0.1843
October	0.1885	0.1854	0.1870
November	0.1868	0.1806	0.1834
December	0.1867	0.1826	0.1847