2023 GNF to HUF Historical Review

YEARLY HIGH

0.0439 HUF

YEARLY LOW

0.0386 HUF

YEARLY AVERAGE

0.0410 HUF

2023 GNF to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0439. Conversely, the yearly low was recorded on July 18, dropping to 0.0386.

This high-to-low spread represents a total annual volatility of 0.0053 HUF. From a start-to-finish perspective, comparing the January average rate of 0.0422 to the December average rate of 0.0406, the exchange rate registered a net change of -3.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0439 was down 14.53% compared to the 2022 peak of 0.0514, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 220 HUF

2022 Average 212 HUF

Yearly Trough Low 193 HUF

Transaction Impact: A difference of 26.61 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0427

0.0394

JanuMarcMayJulySeptNove

GNF 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 0.0408, compared to 0.0411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0408

H2 Avg (Jul–Dec) 0.0411

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0036 HUF (High: 0.0439 / Low: 0.0403). On the other end, August was the most stable month, with a tight range of 0.0011 HUF (High: 0.0415 / Low: 0.0404).

March Spread (Volatile) ±0.0036

August Spread (Stable) ±0.0011

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 0.0018 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0417) against the same month in 2022 (average: 0.0383), the exchange rate shifted by +0.0034 (+8.75%).

2023 Avg (March) 0.0417

2022 Avg (March) 0.0383

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0437	0.0408	0.0422
February	0.0423	0.0402	0.0416
March	0.0439	0.0403	0.0417
April	0.0410	0.0392	0.0398
May	0.0405	0.0390	0.0397
June	0.0401	0.0390	0.0396
July	0.0411	0.0386	0.0399
August	0.0415	0.0404	0.0410
September	0.0434	0.0412	0.0421
October	0.0432	0.0415	0.0424
November	0.0421	0.0399	0.0407
December	0.0414	0.0401	0.0406