2023 BAM to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BAM to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BAM to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 205.5780. Conversely, the yearly low was recorded on June 21, dropping to 187.8385.
This high-to-low spread represents a total annual volatility of 17.7395 HUF. From a start-to-finish perspective, comparing the January average rate of 201.3788 to the December average rate of 195.0858, the exchange rate registered a net change of -3.13% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 205.5780 was down 7.06% compared to the 2022 peak of 221.2047, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BAM to HUF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 194.5475, compared to 195.8115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2640 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 14.6772 HUF (High: 205.5780 / Low: 190.9008). On the other end, June was the most stable month, with a tight range of 3.1308 HUF (High: 190.9693 / Low: 187.8385).
Growth Streaks & Declines
TrendsBetween June and September, 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 4.6564 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2023: 196.8591) against the same month in 2022 (average: 192.9638), the exchange rate shifted by +3.8954 (+2.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 205.4031 | 196.8890 | 201.3788 |
| February | 202.5528 | 192.3611 | 196.8553 |
| March | 205.5780 | 190.9008 | 196.8591 |
| April | 196.2951 | 189.8035 | 192.2027 |
| May | 192.4153 | 188.4153 | 190.5941 |
| June | 190.9693 | 187.8385 | 189.3949 |
| July | 198.6526 | 189.7615 | 193.9543 |
| August | 200.8868 | 193.2613 | 196.9612 |
| September | 201.4533 | 195.6036 | 198.0184 |
| October | 199.8584 | 194.0625 | 197.2134 |
| November | 195.9902 | 189.4466 | 193.6362 |
| December | 196.7667 | 192.1200 | 195.0858 |