2023 BRL to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BRL to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BRL to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 74.5306. Conversely, the yearly low was recorded on March 23, dropping to 66.8529.
This high-to-low spread represents a total annual volatility of 7.6777 HUF. From a start-to-finish perspective, comparing the January average rate of 70.5648 to the December average rate of 71.3837, the exchange rate registered a net change of 1.16% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 74.5306 was down 11.93% compared to the 2022 peak of 84.6289, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BRL to HUF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 69.4348, compared to 71.9380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5032 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 5.3532 HUF (High: 74.5306 / Low: 69.1773). On the other end, December was the most stable month, with a tight range of 1.8472 HUF (High: 72.0862 / Low: 70.2390).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.1761 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 71.4994) against the same month in 2022 (average: 73.7536), the exchange rate shifted by -2.2542 (-3.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 72.0930 | 68.6886 | 70.5648 |
| February | 71.4660 | 67.7435 | 69.3887 |
| March | 71.0758 | 66.8529 | 69.0185 |
| April | 69.6027 | 67.1307 | 68.3074 |
| May | 70.1074 | 67.5666 | 68.8769 |
| June | 71.5698 | 68.7644 | 70.4527 |
| July | 74.5306 | 69.1773 | 71.4994 |
| August | 73.7817 | 70.5390 | 71.9221 |
| September | 74.2195 | 71.7566 | 73.2254 |
| October | 73.2962 | 71.0054 | 72.0955 |
| November | 73.1112 | 70.2318 | 71.5022 |
| December | 72.0862 | 70.2390 | 71.3837 |