2023 CAD to HUF Historical Review

YEARLY HIGH

277.6253 HUF

YEARLY LOW

248.0173 HUF

YEARLY AVERAGE

261.4299 HUF

2023 CAD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 277.6253. Conversely, the yearly low was recorded on April 29, dropping to 248.0173.

This high-to-low spread represents a total annual volatility of 29.6080 HUF. From a start-to-finish perspective, comparing the January average rate of 272.7476 to the December average rate of 260.6638, the exchange rate registered a net change of -4.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 277.6253 was down 13.85% compared to the 2022 peak of 322.2739, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,388,126 HUF

2022 Average 1,429,798 HUF

Yearly Trough Low 1,240,086 HUF

Transaction Impact: A difference of 148,039.87 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

274.6871

251.4137

JanuMarcMayJulySeptNove

CAD 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 261.0597, compared to 261.8000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7403 points.

H1 Avg (Jan–Jun) 261.0597

H2 Avg (Jul–Dec) 261.8000

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 16.2815 HUF (High: 276.8064 / Low: 260.5249). On the other end, June was the most stable month, with a tight range of 3.2464 HUF (High: 258.8794 / Low: 255.6330).

September Spread (Volatile) ±16.2815

June Spread (Stable) ±3.2464

Growth Streaks & Declines

Trends

Between May and September, 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 October and November, when the average rate fell by 10.5182 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -10.5182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 272.7476) against the same month in 2022 (average: 251.1430), the exchange rate shifted by +21.6046 (+8.60%).

2023 Avg (January) 272.7476

2022 Avg (January) 251.1430

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	277.6253	264.8897	272.7476
February	273.6232	262.0560	267.0524
March	272.0530	257.4708	262.5226
April	260.9948	248.0173	253.4340
May	258.2158	248.7039	253.3531
June	258.8794	255.6330	257.2486
July	266.9443	251.7498	259.3055
August	268.9273	256.6168	261.7633
September	276.8064	260.5249	267.2742
October	271.7300	260.4741	266.1558
November	261.8473	252.1892	255.6376
December	262.7551	257.5952	260.6638