YEARLY HIGH
0.0110 AED
YEARLY LOW
0.0097 AED
YEARLY AVERAGE
0.0104 AED

2023 HUF to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0110. Conversely, the yearly low was recorded on January 3, dropping to 0.0097.

This high-to-low spread represents a total annual volatility of 0.0014 AED. From a start-to-finish perspective, comparing the January average rate of 0.0100 to the December average rate of 0.0105, the exchange rate registered a net change of 4.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0110 was down 7.25% compared to the 2022 peak of 0.0119, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 11,039 AED
2022 Average 9,942 AED
Yearly Trough Low 9,678 AED
Transaction Impact: A difference of 1,361.36 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0108
0.0100
JanuMarcMayJulySeptNove

HUF to AED 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 0.0104, compared to 0.0104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0104
H2 Avg (Jul–Dec) 0.0104

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0007 AED (High: 0.0105 / Low: 0.0098). On the other end, June was the most stable month, with a tight range of 0.0003 AED (High: 0.0109 / Low: 0.0106).

March Spread (Volatile) ±0.0007
June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0107) against the same month in 2022 (average: 0.0093), the exchange rate shifted by +0.0014 (+15.14%).

2023 Avg (July) 0.0107
2022 Avg (July) 0.0093

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0104 0.0097 0.0100
February 0.0104 0.0100 0.0102
March 0.0105 0.0098 0.0102
April 0.0109 0.0104 0.0107
May 0.0109 0.0105 0.0107
June 0.0109 0.0106 0.0107
July 0.0110 0.0104 0.0107
August 0.0106 0.0102 0.0104
September 0.0104 0.0098 0.0101
October 0.0103 0.0099 0.0101
November 0.0107 0.0101 0.0105
December 0.0107 0.0103 0.0105