2023 BZD to HUF Historical Review

YEARLY HIGH

188.2800 HUF

YEARLY LOW

165.0499 HUF

YEARLY AVERAGE

175.1936 HUF

2023 BZD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 188.2800. Conversely, the yearly low was recorded on July 18, dropping to 165.0499.

This high-to-low spread represents a total annual volatility of 23.2301 HUF. From a start-to-finish perspective, comparing the January average rate of 181.5984 to the December average rate of 173.2419, the exchange rate registered a net change of -4.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 188.2800 was down 14.77% compared to the 2022 peak of 220.9032, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 941,400 HUF

2022 Average 924,742 HUF

Yearly Trough Low 825,250 HUF

Transaction Impact: A difference of 116,150.32 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

182.7969

168.4146

JanuMarcMayJulySeptNove

BZD 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 174.7697, compared to 175.6175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8478 points.

H1 Avg (Jan–Jun) 174.7697

H2 Avg (Jul–Dec) 175.6175

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 14.7193 HUF (High: 187.6550 / Low: 172.9357). On the other end, June was the most stable month, with a tight range of 4.4526 HUF (High: 171.3804 / Low: 166.9278).

March Spread (Volatile) ±14.7193

June Spread (Stable) ±4.4526

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 8.7833 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -8.7833

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 181.5984) against the same month in 2022 (average: 157.3770), the exchange rate shifted by +24.2213 (+15.39%).

2023 Avg (January) 181.5984

2022 Avg (January) 157.3770

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	188.2800	175.8339	181.5984
February	182.5448	174.5719	178.2715
March	187.6550	172.9357	178.8959
April	175.2311	167.7517	170.1126
May	173.1028	166.8762	170.1265
June	171.3804	166.9278	169.6132
July	175.6810	165.0499	170.4037
August	178.2577	172.1865	175.1101
September	185.2064	175.6561	179.7061
October	184.6365	177.5577	181.1916
November	179.8075	170.2564	174.0515
December	176.4335	170.6931	173.2419