2023 BIF to HUF Historical Review

YEARLY HIGH

0.1835 HUF

YEARLY LOW

0.1176 HUF

YEARLY AVERAGE

0.1420 HUF

2023 BIF to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1835. Conversely, the yearly low was recorded on July 18, dropping to 0.1176.

This high-to-low spread represents a total annual volatility of 0.0659 HUF. From a start-to-finish perspective, comparing the January average rate of 0.1769 to the December average rate of 0.1226, the exchange rate registered a net change of -30.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1835 was down 15.11% compared to the 2022 peak of 0.2161, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 917 HUF

2022 Average 912 HUF

Yearly Trough Low 588 HUF

Transaction Impact: A difference of 329.44 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1825

0.1152

JanuMarcMayJulySeptNove

BIF 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 0.1592, compared to 0.1247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0345 points.

H1 Avg (Jan–Jun) 0.1592

H2 Avg (Jul–Dec) 0.1247

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0447 HUF (High: 0.1670 / Low: 0.1223). On the other end, June was the most stable month, with a tight range of 0.0032 HUF (High: 0.1223 / Low: 0.1191).

May Spread (Volatile) ±0.0447

June Spread (Stable) ±0.0032

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 May and June, when the average rate fell by 0.0254 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0254

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1769) against the same month in 2022 (average: 0.1584), the exchange rate shifted by +0.0185 (+11.69%).

2023 Avg (January) 0.1769

2022 Avg (January) 0.1584

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1835	0.1713	0.1769
February	0.1775	0.1697	0.1733
March	0.1819	0.1675	0.1732
April	0.1695	0.1624	0.1647
May	0.1670	0.1223	0.1463
June	0.1223	0.1191	0.1208
July	0.1250	0.1176	0.1212
August	0.1269	0.1226	0.1245
September	0.1315	0.1247	0.1277
October	0.1311	0.1259	0.1286
November	0.1276	0.1205	0.1234
December	0.1249	0.1207	0.1226