YEARLY HIGH
2.7771 HUF
YEARLY LOW
2.1676 HUF
YEARLY AVERAGE
2.4999 HUF

2023 HTG to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 2.7771. Conversely, the yearly low was recorded on April 18, dropping to 2.1676.

This high-to-low spread represents a total annual volatility of 0.6095 HUF. From a start-to-finish perspective, comparing the January average rate of 2.4661 to the December average rate of 2.6436, the exchange rate registered a net change of 7.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7771 was down 23.17% compared to the 2022 peak of 3.6147, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,885 HUF
2022 Average 15,933 HUF
Yearly Trough Low 10,838 HUF
Transaction Impact: A difference of 3,047.50 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7758
2.1578
JanuMarcMayJulySeptNove

HTG 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 2.3708, compared to 2.6291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2583 points.

H1 Avg (Jan–Jun) 2.3708
H2 Avg (Jul–Dec) 2.6291

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.2768 HUF (High: 2.4770 / Low: 2.2002). On the other end, June was the most stable month, with a tight range of 0.0560 HUF (High: 2.4766 / Low: 2.4206).

May Spread (Volatile) ±0.2768
June Spread (Stable) ±0.0560

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1329 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.1329

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.7243) against the same month in 2022 (average: 3.4152), the exchange rate shifted by -0.6909 (-20.23%).

2023 Avg (October) 2.7243
2022 Avg (October) 3.4152

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5642 2.3814 2.4661
February 2.4492 2.3302 2.3929
March 2.4475 2.2490 2.3422
April 2.2788 2.1676 2.2093
May 2.4770 2.2002 2.3596
June 2.4766 2.4206 2.4543
July 2.5661 2.3945 2.4915
August 2.6229 2.5553 2.5932
September 2.7552 2.6137 2.6771
October 2.7771 2.6810 2.7243
November 2.7311 2.5925 2.6446
December 2.6918 2.6083 2.6436