2023 FKP to HUF Historical Review

YEARLY HIGH

456.6693 HUF

YEARLY LOW

420.3615 HUF

YEARLY AVERAGE

438.7669 HUF

2023 FKP to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 456.6693. Conversely, the yearly low was recorded on April 18, dropping to 420.3615.

This high-to-low spread represents a total annual volatility of 36.3078 HUF. From a start-to-finish perspective, comparing the January average rate of 448.1193 to the December average rate of 442.7464, the exchange rate registered a net change of -1.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 456.6693 was down 7.92% compared to the 2022 peak of 495.9318, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,283,347 HUF

2022 Average 2,292,511 HUF

Yearly Trough Low 2,101,807 HUF

Transaction Impact: A difference of 181,539.21 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

450.7747

424.0945

JanuMarcMayJulySeptNove

FKP 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 434.0338, compared to 443.4999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.4661 points.

H1 Avg (Jan–Jun) 434.0338

H2 Avg (Jul–Dec) 443.4999

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 33.4813 HUF (High: 454.3184 / Low: 420.8372). On the other end, December was the most stable month, with a tight range of 8.1980 HUF (High: 446.8486 / Low: 438.6506).

March Spread (Volatile) ±33.4813

December Spread (Stable) ±8.1980

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 14.5659 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -14.5659

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 448.3063) against the same month in 2022 (average: 474.5459), the exchange rate shifted by -26.2396 (-5.53%).

2023 Avg (August) 448.3063

2022 Avg (August) 474.5459

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	454.1662	439.9081	448.1193
February	442.3657	427.8876	433.5534
March	454.3184	420.8372	436.6074
April	433.0332	420.3615	426.3179
May	432.8683	423.6304	427.6282
June	437.9688	428.1964	431.9769
July	451.9840	433.7599	441.7889
August	456.6693	441.5013	448.3063
September	454.3109	444.3198	448.5514
October	450.1227	438.2263	444.1778
November	441.2837	430.9180	435.4288
December	446.8486	438.6506	442.7464