YEARLY HIGH
2.1350 HUF
YEARLY LOW
1.8715 HUF
YEARLY AVERAGE
1.9847 HUF

2023 DJF to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.1350. Conversely, the yearly low was recorded on July 18, dropping to 1.8715.

This high-to-low spread represents a total annual volatility of 0.2636 HUF. From a start-to-finish perspective, comparing the January average rate of 2.0594 to the December average rate of 1.9628, the exchange rate registered a net change of -4.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1350 was down 14.64% compared to the 2022 peak of 2.5011, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,675 HUF
2022 Average 10,470 HUF
Yearly Trough Low 9,357 HUF
Transaction Impact: A difference of 1,317.85 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0733
1.9068
JanuMarcMayJulySeptNove

DJF 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 1.9799, compared to 1.9895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 1.9799
H2 Avg (Jul–Dec) 1.9895

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1639 HUF (High: 2.1244 / Low: 1.9605). On the other end, June was the most stable month, with a tight range of 0.0500 HUF (High: 1.9404 / Low: 1.8904).

March Spread (Volatile) ±0.1639
June Spread (Stable) ±0.0500

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 0.0963 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0963

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.0594) against the same month in 2022 (average: 1.7833), the exchange rate shifted by +0.2761 (+15.48%).

2023 Avg (January) 2.0594
2022 Avg (January) 1.7833

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1350 1.9940 2.0594
February 2.0693 1.9779 2.0192
March 2.1244 1.9605 2.0247
April 1.9820 1.8987 1.9284
May 1.9601 1.8926 1.9272
June 1.9404 1.8904 1.9207
July 1.9912 1.8715 1.9310
August 2.0064 1.9532 1.9840
September 2.0976 1.9924 2.0344
October 2.0920 2.0127 2.0520
November 2.0345 1.9293 1.9727
December 1.9991 1.9342 1.9628