YEARLY HIGH
0.6966 HUF
YEARLY LOW
0.6109 HUF
YEARLY AVERAGE
0.6519 HUF

2023 CRC to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.6966. Conversely, the yearly low was recorded on July 13, dropping to 0.6109.

This high-to-low spread represents a total annual volatility of 0.0857 HUF. From a start-to-finish perspective, comparing the January average rate of 0.6370 to the December average rate of 0.6656, the exchange rate registered a net change of 4.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6966 was down 1.50% compared to the 2022 peak of 0.7072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,483 HUF
2022 Average 2,896 HUF
Yearly Trough Low 3,054 HUF
Transaction Impact: A difference of 428.60 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6915
0.6278
JanuMarcMayJulySeptNove

CRC 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 0.6405, compared to 0.6633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0228 points.

H1 Avg (Jan–Jun) 0.6405
H2 Avg (Jul–Dec) 0.6633

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0699 HUF (High: 0.6966 / Low: 0.6267). On the other end, December was the most stable month, with a tight range of 0.0179 HUF (High: 0.6749 / Low: 0.6570).

March Spread (Volatile) ±0.0699
December Spread (Stable) ±0.0179

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 October and November, when the average rate fell by 0.0256 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.6594) against the same month in 2022 (average: 0.5294), the exchange rate shifted by +0.1300 (+24.56%).

2023 Avg (March) 0.6594
2022 Avg (March) 0.5294

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6522 0.6269 0.6370
February 0.6489 0.6152 0.6360
March 0.6966 0.6267 0.6594
April 0.6533 0.6314 0.6396
May 0.6522 0.6211 0.6378
June 0.6419 0.6227 0.6331
July 0.6529 0.6109 0.6352
August 0.6650 0.6438 0.6558
September 0.6933 0.6592 0.6762
October 0.6958 0.6741 0.6862
November 0.6826 0.6478 0.6606
December 0.6749 0.6570 0.6656