2023 BBD to HUF Historical Review

YEARLY HIGH

189.7643 HUF

YEARLY LOW

166.3624 HUF

YEARLY AVERAGE

176.4747 HUF

2023 BBD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 189.7643. Conversely, the yearly low was recorded on July 17, dropping to 166.3624.

This high-to-low spread represents a total annual volatility of 23.4019 HUF. From a start-to-finish perspective, comparing the January average rate of 183.0256 to the December average rate of 174.7828, the exchange rate registered a net change of -4.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 189.7643 was down 14.78% compared to the 2022 peak of 222.6700, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 948,821 HUF

2022 Average 931,913 HUF

Yearly Trough Low 831,812 HUF

Transaction Impact: A difference of 117,009.54 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

184.2365

169.7053

JanuMarcMayJulySeptNove

BBD to HUF 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 176.0208, compared to 176.9285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9077 points.

H1 Avg (Jan–Jun) 176.0208

H2 Avg (Jul–Dec) 176.9285

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 12.9564 HUF (High: 187.2752 / Low: 174.3188). On the other end, June was the most stable month, with a tight range of 4.7736 HUF (High: 172.9932 / Low: 168.2196).

March Spread (Volatile) ±12.9564

June Spread (Stable) ±4.7736

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 8.5676 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -8.5676

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 183.0256) against the same month in 2022 (average: 158.5809), the exchange rate shifted by +24.4447 (+15.41%).

2023 Avg (January) 183.0256

2022 Avg (January) 158.5809

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	189.7643	177.2291	183.0256
February	183.9177	175.8961	179.6905
March	187.2752	174.3188	179.8412
April	176.2270	169.1459	171.2737
May	174.3150	168.3092	171.3777
June	172.9932	168.2196	170.9163
July	177.0900	166.3624	171.5370
August	179.5695	173.6667	176.4833
September	186.8559	177.1528	181.0763
October	186.1502	178.8875	182.4830
November	181.1329	171.4761	175.2088
December	177.9807	172.1038	174.7828