2023 THB to HRK Historical Review

YEARLY HIGH

0.2126 HRK

YEARLY LOW

0.1926 HRK

YEARLY AVERAGE

0.2005 HRK

2023 THB to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.2126. Conversely, the yearly low was recorded on October 6, dropping to 0.1926.

This high-to-low spread represents a total annual volatility of 0.0200 HRK. From a start-to-finish perspective, comparing the January average rate of 0.2104 to the December average rate of 0.1977, the exchange rate registered a net change of -6.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2126 was up 0.49% compared to the 2022 peak of 0.2116, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 53,157 HRK

2022 Average 51,139 HRK

Yearly Trough Low 48,154 HRK

Transaction Impact: A difference of 5,002.45 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2118

0.1940

JanuMarcMayJulySeptNove

THB 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 0.2042, compared to 0.1968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.2042

H2 Avg (Jul–Dec) 0.1968

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0090 HRK (High: 0.2029 / Low: 0.1939). On the other end, November was the most stable month, with a tight range of 0.0041 HRK (High: 0.1984 / Low: 0.1942).

June Spread (Volatile) ±0.0090

November Spread (Stable) ±0.0041

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 May and June, when the average rate fell by 0.0036 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2104) against the same month in 2022 (average: 0.2000), the exchange rate shifted by +0.0103 (+5.15%).

2023 Avg (January) 0.2104

2022 Avg (January) 0.2000

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2126	0.2038	0.2104
February	0.2099	0.2021	0.2068
March	0.2095	0.2024	0.2045
April	0.2041	0.1987	0.2012
May	0.2059	0.2008	0.2030
June	0.2029	0.1939	0.1994
July	0.2001	0.1938	0.1969
August	0.1997	0.1951	0.1971
September	0.1996	0.1950	0.1971
October	0.1977	0.1926	0.1955
November	0.1984	0.1942	0.1966
December	0.1996	0.1954	0.1977