2023 HKD to HUF Historical Review

YEARLY HIGH

48.5731 HUF

YEARLY LOW

42.5670 HUF

YEARLY AVERAGE

45.0814 HUF

2023 HKD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 48.5731. Conversely, the yearly low was recorded on July 13, dropping to 42.5670.

This high-to-low spread represents a total annual volatility of 6.0062 HUF. From a start-to-finish perspective, comparing the January average rate of 46.8093 to the December average rate of 44.7614, the exchange rate registered a net change of -4.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 48.5731 was down 14.38% compared to the 2022 peak of 56.7330, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,214,328 HUF

2022 Average 1,189,892 HUF

Yearly Trough Low 1,064,174 HUF

Transaction Impact: A difference of 150,154.04 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

47.1263

43.3225

JanuMarcMayJulySeptNove

HKD 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 44.9088, compared to 45.2539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3451 points.

H1 Avg (Jan–Jun) 44.9088

H2 Avg (Jul–Dec) 45.2539

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 3.3091 HUF (High: 47.7218 / Low: 44.4127). On the other end, June was the most stable month, with a tight range of 1.1671 HUF (High: 44.1447 / Low: 42.9776).

March Spread (Volatile) ±3.3091

June Spread (Stable) ±1.1671

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 2.1863 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.1863

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 46.8093) against the same month in 2022 (average: 40.7044), the exchange rate shifted by +6.1049 (+15.00%).

2023 Avg (January) 46.8093

2022 Avg (January) 40.7044

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.5731	45.2713	46.8093
February	46.8729	44.8209	45.7987
March	47.7218	44.4127	45.8258
April	44.9006	43.0971	43.6395
May	44.4855	42.9774	43.7360
June	44.1447	42.9776	43.6437
July	45.2837	42.5670	43.8859
August	45.9948	44.2686	45.0986
September	47.7804	45.2159	46.2515
October	47.5318	45.7279	46.6393
November	46.3110	43.9973	44.8869
December	45.5997	44.0741	44.7614