2023 CNY to HUF Historical Review

YEARLY HIGH

54.8840 HUF

YEARLY LOW

46.3488 HUF

YEARLY AVERAGE

49.9363 HUF

2023 CNY to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 54.8840. Conversely, the yearly low was recorded on July 18, dropping to 46.3488.

This high-to-low spread represents a total annual volatility of 8.5352 HUF. From a start-to-finish perspective, comparing the January average rate of 53.8962 to the December average rate of 49.1071, the exchange rate registered a net change of -8.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 54.8840 was down 11.57% compared to the 2022 peak of 62.0674, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 1,372,101 HUF

2022 Average 1,382,214 HUF

Yearly Trough Low 1,158,720 HUF

Transaction Impact: A difference of 213,380.41 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

54.5121

47.1218

JanuMarcMayJulySeptNove

CNY 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 50.8610, compared to 49.0116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8495 points.

H1 Avg (Jan–Jun) 50.8610

H2 Avg (Jul–Dec) 49.0116

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 3.4946 HUF (High: 54.2284 / Low: 50.7338). On the other end, May was the most stable month, with a tight range of 1.0473 HUF (High: 49.5983 / Low: 48.5510).

March Spread (Volatile) ±3.4946

May Spread (Stable) ±1.0473

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.4425 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.4425

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 53.8962) against the same month in 2022 (average: 49.9044), the exchange rate shifted by +3.9918 (+8.00%).

2023 Avg (January) 53.8962

2022 Avg (January) 49.9044

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	54.8840	52.2499	53.8962
February	54.1333	51.2887	52.5163
March	54.2284	50.7338	52.1836
April	51.3108	48.8895	49.7411
May	49.5983	48.5510	49.0454
June	48.8350	46.7503	47.7836
July	49.5744	46.3488	47.7377
August	50.1325	47.6805	48.7566
September	51.1297	48.7159	49.6584
October	51.7364	48.9091	50.1739
November	49.5108	47.6348	48.6357
December	49.6221	48.1989	49.1071