2023 TJS to HRK Historical Review

YEARLY HIGH

0.7135 HRK

YEARLY LOW

0.6130 HRK

YEARLY AVERAGE

0.6454 HRK

2023 TJS to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.7135. Conversely, the yearly low was recorded on July 17, dropping to 0.6130.

This high-to-low spread represents a total annual volatility of 0.1005 HRK. From a start-to-finish perspective, comparing the January average rate of 0.6826 to the December average rate of 0.6308, the exchange rate registered a net change of -7.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7135 was down 10.02% compared to the 2022 peak of 0.7929, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,568 HRK

2022 Average 3,301 HRK

Yearly Trough Low 3,065 HRK

Transaction Impact: A difference of 502.46 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6885

0.6179

JanuMarcMayJulySeptNove

TJS 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 0.6552, compared to 0.6357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0195 points.

H1 Avg (Jan–Jun) 0.6552

H2 Avg (Jul–Dec) 0.6357

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0806 HRK (High: 0.7133 / Low: 0.6326). On the other end, October was the most stable month, with a tight range of 0.0115 HRK (High: 0.6549 / Low: 0.6434).

March Spread (Volatile) ±0.0806

October Spread (Stable) ±0.0115

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 0.0377 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0377

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.6782) against the same month in 2022 (average: 0.5884), the exchange rate shifted by +0.0898 (+15.26%).

2023 Avg (February) 0.6782

2022 Avg (February) 0.5884

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7014	0.6717	0.6826
February	0.7135	0.6565	0.6782
March	0.7133	0.6326	0.6680
April	0.6397	0.6242	0.6303
May	0.6456	0.6240	0.6354
June	0.6453	0.6278	0.6364
July	0.6361	0.6130	0.6238
August	0.6355	0.6240	0.6294
September	0.6522	0.6351	0.6428
October	0.6549	0.6434	0.6503
November	0.6501	0.6278	0.6371
December	0.6408	0.6209	0.6308