YEARLY HIGH
0.0117 HRK
YEARLY LOW
0.0113 HRK
YEARLY AVERAGE
0.0115 HRK

2023 XAF to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.0117. Conversely, the yearly low was recorded on January 3, dropping to 0.0113.

This high-to-low spread represents a total annual volatility of 0.0004 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0115 to the December average rate of 0.0115, the exchange rate registered a net change of 0.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0117 was up 0.83% compared to the 2022 peak of 0.0116, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58 HRK
2022 Average 57 HRK
Yearly Trough Low 57 HRK
Transaction Impact: A difference of 1.76 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0115
0.0115
JanuMarcMayJulySeptNove

XAF 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 0.0115, compared to 0.0115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0115
H2 Avg (Jul–Dec) 0.0115

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0002 HRK (High: 0.0117 / Low: 0.0115). On the other end, October was the most stable month, with a tight range of 0.0000 HRK (High: 0.0115 / Low: 0.0115).

May Spread (Volatile) ±0.0002
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0115) against the same month in 2022 (average: 0.0115), the exchange rate shifted by +0.0000 (+0.14%).

2023 Avg (May) 0.0115
2022 Avg (May) 0.0115

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0115 0.0113 0.0115
February 0.0115 0.0115 0.0115
March 0.0116 0.0115 0.0115
April 0.0116 0.0115 0.0115
May 0.0117 0.0115 0.0115
June 0.0115 0.0115 0.0115
July 0.0115 0.0115 0.0115
August 0.0115 0.0115 0.0115
September 0.0115 0.0115 0.0115
October 0.0115 0.0115 0.0115
November 0.0115 0.0115 0.0115
December 0.0115 0.0115 0.0115