2023 TWD to HRK Historical Review

YEARLY HIGH

0.2340 HRK

YEARLY LOW

0.2157 HRK

YEARLY AVERAGE

0.2238 HRK

2023 TWD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.2340. Conversely, the yearly low was recorded on August 12, dropping to 0.2157.

This high-to-low spread represents a total annual volatility of 0.0183 HRK. From a start-to-finish perspective, comparing the January average rate of 0.2298 to the December average rate of 0.2211, the exchange rate registered a net change of -3.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2340 was down 6.92% compared to the 2022 peak of 0.2514, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,170 HRK

2022 Average 1,203 HRK

Yearly Trough Low 1,079 HRK

Transaction Impact: A difference of 91.43 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2342

0.2156

JanuMarcMayJulySeptNove

TWD 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 0.2282, compared to 0.2194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.2282

H2 Avg (Jul–Dec) 0.2194

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0082 HRK (High: 0.2297 / Low: 0.2216). On the other end, December was the most stable month, with a tight range of 0.0034 HRK (High: 0.2227 / Low: 0.2193).

June Spread (Volatile) ±0.0082

December Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between August and October, 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 June and July, when the average rate fell by 0.0070 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2327) against the same month in 2022 (average: 0.2384), the exchange rate shifted by -0.0057 (-2.39%).

2023 Avg (February) 0.2327

2022 Avg (February) 0.2384

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2331	0.2280	0.2298
February	0.2340	0.2303	0.2327
March	0.2325	0.2267	0.2304
April	0.2283	0.2222	0.2250
May	0.2298	0.2220	0.2260
June	0.2297	0.2216	0.2256
July	0.2227	0.2161	0.2185
August	0.2193	0.2157	0.2171
September	0.2224	0.2190	0.2204
October	0.2226	0.2186	0.2209
November	0.2204	0.2158	0.2184
December	0.2227	0.2193	0.2211