2023 SVC to HRK Historical Review

YEARLY HIGH

0.8222 HRK

YEARLY LOW

0.7664 HRK

YEARLY AVERAGE

0.7967 HRK

2023 SVC to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.8222. Conversely, the yearly low was recorded on July 17, dropping to 0.7664.

This high-to-low spread represents a total annual volatility of 0.0558 HRK. From a start-to-finish perspective, comparing the January average rate of 0.7982 to the December average rate of 0.7878, the exchange rate registered a net change of -1.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8222 was down 8.34% compared to the 2022 peak of 0.8971, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,111 HRK

2022 Average 4,095 HRK

Yearly Trough Low 3,832 HRK

Transaction Impact: A difference of 279.06 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8193

0.7763

JanuMarcMayJulySeptNove

SVC 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 0.7972, compared to 0.7961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.7972

H2 Avg (Jul–Dec) 0.7961

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0349 HRK (High: 0.8170 / Low: 0.7821). On the other end, October was the most stable month, with a tight range of 0.0148 HRK (High: 0.8222 / Low: 0.8074).

February Spread (Volatile) ±0.0349

October Spread (Stable) ±0.0148

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 0.0191 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0191

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.8157) against the same month in 2022 (average: 0.8752), the exchange rate shifted by -0.0595 (-6.80%).

2023 Avg (October) 0.8157

2022 Avg (October) 0.8752

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8179	0.7883	0.7982
February	0.8170	0.7821	0.8050
March	0.8188	0.7895	0.8056
April	0.7986	0.7791	0.7865
May	0.8055	0.7781	0.7933
June	0.8054	0.7834	0.7945
July	0.7945	0.7664	0.7799
August	0.7980	0.7818	0.7895
September	0.8188	0.7974	0.8069
October	0.8222	0.8074	0.8157
November	0.8139	0.7831	0.7970
December	0.8001	0.7741	0.7878