2023 SYP to HRK Historical Review

YEARLY HIGH

0.0029 HRK

YEARLY LOW

0.0027 HRK

YEARLY AVERAGE

0.0028 HRK

2023 SYP to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0029. Conversely, the yearly low was recorded on July 17, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 0.0002 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0028 to the December average rate of 0.0027, the exchange rate registered a net change of -1.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0029 was down 8.33% compared to the 2022 peak of 0.0031, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14 HRK

2022 Average 14 HRK

Yearly Trough Low 13 HRK

Transaction Impact: A difference of 0.98 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0029

0.0027

JanuMarcMayJulySeptNove

SYP 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 0.0028, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0028

H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0001 HRK (High: 0.0028 / Low: 0.0027). On the other end, October was the most stable month, with a tight range of 0.0001 HRK (High: 0.0029 / Low: 0.0028).

February Spread (Volatile) ±0.0001

October Spread (Stable) ±0.0001

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 October and November, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0028) against the same month in 2022 (average: 0.0030), the exchange rate shifted by -0.0002 (-6.85%).

2023 Avg (October) 0.0028

2022 Avg (October) 0.0030

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0029	0.0027	0.0028
February	0.0028	0.0027	0.0028
March	0.0028	0.0027	0.0028
April	0.0028	0.0027	0.0027
May	0.0028	0.0027	0.0028
June	0.0028	0.0027	0.0028
July	0.0028	0.0027	0.0027
August	0.0028	0.0027	0.0027
September	0.0029	0.0028	0.0028
October	0.0029	0.0028	0.0028
November	0.0028	0.0027	0.0028
December	0.0028	0.0027	0.0027