YEARLY HIGH
3.9067 HRK
YEARLY LOW
3.7902 HRK
YEARLY AVERAGE
3.8534 HRK

2023 BAM to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 3.9067. Conversely, the yearly low was recorded on January 8, dropping to 3.7902.

This high-to-low spread represents a total annual volatility of 0.1165 HRK. From a start-to-finish perspective, comparing the January average rate of 3.8425 to the December average rate of 3.8511, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.9067 was down 0.49% compared to the 2022 peak of 3.9258, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,534 HRK
2022 Average 19,265 HRK
Yearly Trough Low 18,951 HRK
Transaction Impact: A difference of 582.51 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.8614
3.8408
JanuMarcMayJulySeptNove

BAM 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 3.8532, compared to 3.8536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 3.8532
H2 Avg (Jul–Dec) 3.8536

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0958 HRK (High: 3.9067 / Low: 3.8110). On the other end, August was the most stable month, with a tight range of 0.0401 HRK (High: 3.8688 / Low: 3.8287).

July Spread (Volatile) ±0.0958
August Spread (Stable) ±0.0401

Growth Streaks & Declines

Trends

Between June and September, 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 May and June, when the average rate fell by 0.0071 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 3.8533) against the same month in 2022 (average: 3.8460), the exchange rate shifted by +0.0073 (+0.19%).

2023 Avg (July) 3.8533
2022 Avg (July) 3.8460

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.8832 3.7902 3.8425
February 3.9008 3.8113 3.8584
March 3.8939 3.8266 3.8521
April 3.8946 3.8269 3.8574
May 3.8842 3.8390 3.8580
June 3.8746 3.8134 3.8509
July 3.9067 3.8110 3.8533
August 3.8688 3.8287 3.8546
September 3.8886 3.8379 3.8597
October 3.8824 3.8306 3.8539
November 3.8654 3.7975 3.8489
December 3.8751 3.8167 3.8511