2023 BOB to HUF Historical Review

YEARLY HIGH

54.9221 HUF

YEARLY LOW

48.1460 HUF

YEARLY AVERAGE

51.0955 HUF

2023 BOB to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 54.9221. Conversely, the yearly low was recorded on July 18, dropping to 48.1460.

This high-to-low spread represents a total annual volatility of 6.7761 HUF. From a start-to-finish perspective, comparing the January average rate of 52.9736 to the December average rate of 50.5316, the exchange rate registered a net change of -4.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 54.9221 was down 14.77% compared to the 2022 peak of 64.4383, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 274,611 HUF

2022 Average 270,374 HUF

Yearly Trough Low 240,730 HUF

Transaction Impact: A difference of 33,880.40 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

53.3233

49.1277

JanuMarcMayJulySeptNove

BOB 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 50.9644, compared to 51.2266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2621 points.

H1 Avg (Jan–Jun) 50.9644

H2 Avg (Jul–Dec) 51.2266

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 4.2932 HUF (High: 54.7406 / Low: 50.4474). On the other end, June was the most stable month, with a tight range of 1.3024 HUF (High: 49.9947 / Low: 48.6923).

March Spread (Volatile) ±4.2932

June Spread (Stable) ±1.3024

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 2.5449 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.5449

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 52.9736) against the same month in 2022 (average: 46.0364), the exchange rate shifted by +6.9372 (+15.07%).

2023 Avg (January) 52.9736

2022 Avg (January) 46.0364

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	54.9221	51.2915	52.9736
February	53.2507	50.9230	52.0029
March	54.7406	50.4474	52.1271
April	51.1152	48.9399	49.5822
May	50.4743	48.6796	49.6234
June	49.9947	48.6923	49.4773
July	51.2476	48.1460	49.6962
August	52.0053	50.2350	51.0820
September	54.0273	51.2405	52.4224
October	53.8581	51.7939	52.8556
November	52.4569	49.6685	50.7718
December	51.4668	49.7934	50.5316