YEARLY HIGH
26.5097 DJF
YEARLY LOW
24.7264 DJF
YEARLY AVERAGE
25.5291 DJF

2023 HRK to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 26.5097. Conversely, the yearly low was recorded on October 3, dropping to 24.7264.

This high-to-low spread represents a total annual volatility of 1.7833 DJF. From a start-to-finish perspective, comparing the January average rate of 25.4524 to the December average rate of 25.8105, the exchange rate registered a net change of 1.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 26.5097 was down 2.25% compared to the 2022 peak of 27.1196, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 132,548 DJF
2022 Average 124,479 DJF
Yearly Trough Low 123,632 DJF
Transaction Impact: A difference of 8,916.67 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

26.1841
24.8253
JanuMarcMayJulySeptNove

HRK to DJF 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 25.5079, compared to 25.5504 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0424 points.

H1 Avg (Jan–Jun) 25.5079
H2 Avg (Jul–Dec) 25.5504

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.0727 DJF (High: 25.9625 / Low: 24.8898). On the other end, October was the most stable month, with a tight range of 0.4449 DJF (High: 25.1712 / Low: 24.7264).

February Spread (Volatile) ±1.0727
October Spread (Stable) ±0.4449

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.5342 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 26.0708) against the same month in 2022 (average: 24.1250), the exchange rate shifted by +1.9458 (+8.07%).

2023 Avg (July) 26.0708
2022 Avg (July) 24.1250

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 25.7677 24.7864 25.4524
February 25.9625 24.8898 25.2683
March 25.7370 24.8513 25.2429
April 26.0871 25.5017 25.8393
May 26.1161 25.2439 25.6371
June 25.9636 25.2516 25.6076
July 26.5097 25.6111 26.0708
August 26.0220 25.4810 25.7548
September 25.4717 24.8416 25.2206
October 25.1712 24.7264 24.9385
November 25.9967 25.0150 25.5070
December 26.2434 25.4410 25.8105