2023 XCD to HRK Historical Review

YEARLY HIGH

2.6631 HRK

YEARLY LOW

2.4806 HRK

YEARLY AVERAGE

2.5781 HRK

2023 XCD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 2.6631. Conversely, the yearly low was recorded on July 17, dropping to 2.4806.

This high-to-low spread represents a total annual volatility of 0.1825 HRK. From a start-to-finish perspective, comparing the January average rate of 2.5843 to the December average rate of 2.5534, the exchange rate registered a net change of -1.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6631 was down 8.33% compared to the 2022 peak of 2.9051, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,316 HRK

2022 Average 13,257 HRK

Yearly Trough Low 12,403 HRK

Transaction Impact: A difference of 912.68 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.6507

2.5102

JanuMarcMayJulySeptNove

XCD 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 2.5797, compared to 2.5766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 2.5797

H2 Avg (Jul–Dec) 2.5766

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1116 HRK (High: 2.6437 / Low: 2.5321). On the other end, October was the most stable month, with a tight range of 0.0500 HRK (High: 2.6631 / Low: 2.6131).

February Spread (Volatile) ±0.1116

October Spread (Stable) ±0.0500

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 October and November, when the average rate fell by 0.0617 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0617

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.6390) against the same month in 2022 (average: 2.8331), the exchange rate shifted by -0.1941 (-6.85%).

2023 Avg (October) 2.6390

2022 Avg (October) 2.8331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6498	2.5526	2.5843
February	2.6437	2.5321	2.6066
March	2.6428	2.5566	2.6043
April	2.5802	2.5215	2.5437
May	2.6071	2.5186	2.5672
June	2.6064	2.5364	2.5718
July	2.5684	2.4806	2.5219
August	2.5828	2.5321	2.5561
September	2.6538	2.5833	2.6118
October	2.6631	2.6131	2.6390
November	2.6339	2.5337	2.5773
December	2.5908	2.5098	2.5534