2023 BND to HUF Historical Review

YEARLY HIGH

281.9788 HUF

YEARLY LOW

250.1093 HUF

YEARLY AVERAGE

262.9045 HUF

2023 BND to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 281.9788. Conversely, the yearly low was recorded on June 26, dropping to 250.1093.

This high-to-low spread represents a total annual volatility of 31.8695 HUF. From a start-to-finish perspective, comparing the January average rate of 275.8437 to the December average rate of 262.3726, the exchange rate registered a net change of -4.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 281.9788 was down 9.08% compared to the 2022 peak of 310.1275, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,409,894 HUF

2022 Average 1,350,305 HUF

Yearly Trough Low 1,250,547 HUF

Transaction Impact: A difference of 159,347.60 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

278.0264

251.8332

JanuMarcMayJulySeptNove

BND 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 263.6153, compared to 262.1937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4216 points.

H1 Avg (Jan–Jun) 263.6153

H2 Avg (Jul–Dec) 262.1937

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 20.4634 HUF (High: 281.6402 / Low: 261.1767). On the other end, May was the most stable month, with a tight range of 5.4615 HUF (High: 258.7581 / Low: 253.2966).

March Spread (Volatile) ±20.4634

May Spread (Stable) ±5.4615

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 10.9440 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -10.9440

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 275.8437) against the same month in 2022 (average: 234.8575), the exchange rate shifted by +40.9861 (+17.45%).

2023 Avg (January) 275.8437

2022 Avg (January) 234.8575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	281.9788	269.4581	275.8437
February	277.7333	264.0339	269.8465
March	281.6402	261.1767	268.4690
April	265.4822	253.3229	257.5250
May	258.7581	253.2966	255.9918
June	256.3175	250.1093	254.0160
July	264.7505	251.1952	257.0731
August	267.6526	256.4539	261.3633
September	272.3399	261.5677	265.8253
October	270.6745	260.7497	266.6518
November	264.3291	253.9346	259.8764
December	264.8454	259.3599	262.3726