YEARLY HIGH
0.0607 HRK
YEARLY LOW
0.0563 HRK
YEARLY AVERAGE
0.0587 HRK

2023 VUV to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VUV to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0607. Conversely, the yearly low was recorded on July 17, dropping to 0.0563.

This high-to-low spread represents a total annual volatility of 0.0043 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0592 to the December average rate of 0.0581, the exchange rate registered a net change of -1.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0607 was down 7.59% compared to the 2022 peak of 0.0657, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 303 HRK
2022 Average 306 HRK
Yearly Trough Low 282 HRK
Transaction Impact: A difference of 21.60 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0604
0.0570
JanuMarcMayJulySeptNove

VUV 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 0.0588, compared to 0.0586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0588
H2 Avg (Jul–Dec) 0.0586

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0026 HRK (High: 0.0605 / Low: 0.0580). On the other end, October was the most stable month, with a tight range of 0.0011 HRK (High: 0.0606 / Low: 0.0595).

February Spread (Volatile) ±0.0026
October Spread (Stable) ±0.0011

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 0.0018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0592) against the same month in 2022 (average: 0.0587), the exchange rate shifted by +0.0005 (+0.81%).

2023 Avg (January) 0.0592
2022 Avg (January) 0.0587

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0607 0.0584 0.0592
February 0.0605 0.0580 0.0597
March 0.0605 0.0584 0.0596
April 0.0586 0.0573 0.0578
May 0.0592 0.0572 0.0583
June 0.0592 0.0576 0.0584
July 0.0583 0.0563 0.0573
August 0.0588 0.0576 0.0582
September 0.0604 0.0588 0.0595
October 0.0606 0.0595 0.0601
November 0.0600 0.0577 0.0587
December 0.0590 0.0571 0.0581