2023 BHD to HUF Historical Review

YEARLY HIGH

1006.5949 HUF

YEARLY LOW

882.4888 HUF

YEARLY AVERAGE

936.6277 HUF

2023 BHD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1006.5949. Conversely, the yearly low was recorded on July 17, dropping to 882.4888.

This high-to-low spread represents a total annual volatility of 124.1061 HUF. From a start-to-finish perspective, comparing the January average rate of 971.1450 to the December average rate of 927.0812, the exchange rate registered a net change of -4.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1006.5949 was down 14.70% compared to the 2022 peak of 1180.0368, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,032,974 HUF

2022 Average 4,943,668 HUF

Yearly Trough Low 4,412,444 HUF

Transaction Impact: A difference of 620,530.69 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

977.5232

900.9852

JanuMarcMayJulySeptNove

BHD 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 934.4343, compared to 938.8211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3869 points.

H1 Avg (Jan–Jun) 934.4343

H2 Avg (Jul–Dec) 938.8211

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 77.8986 HUF (High: 1002.6669 / Low: 924.7682). On the other end, June was the most stable month, with a tight range of 26.2880 HUF (High: 918.9812 / Low: 892.6932).

March Spread (Volatile) ±77.8986

June Spread (Stable) ±26.2880

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 45.6765 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -45.6765

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 971.1450) against the same month in 2022 (average: 841.3425), the exchange rate shifted by +129.8025 (+15.43%).

2023 Avg (January) 971.1450

2022 Avg (January) 841.3425

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1006.5949	940.1573	971.1450
February	975.5745	933.0391	954.1481
March	1002.6669	924.7682	955.0319
April	935.7647	897.2791	909.3553
May	924.7627	892.8110	909.5620
June	918.9812	892.6932	907.3634
July	939.6066	882.4888	910.8300
August	952.6433	921.2649	936.1284
September	991.4227	939.7451	960.8742
October	987.5865	948.9925	968.1315
November	960.5705	910.0569	929.8815
December	944.5054	913.1607	927.0812