YEARLY HIGH
0.2705 AFN
YEARLY LOW
0.1947 AFN
YEARLY AVERAGE
0.2347 AFN

2023 HUF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.2705. Conversely, the yearly low was recorded on December 11, dropping to 0.1947.

This high-to-low spread represents a total annual volatility of 0.0758 AFN. From a start-to-finish perspective, comparing the January average rate of 0.2428 to the December average rate of 0.2001, the exchange rate registered a net change of -17.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2705 was down 20.74% compared to the 2022 peak of 0.3413, 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 270,477 AFN
2022 Average 244,459 AFN
Yearly Trough Low 194,665 AFN
Transaction Impact: A difference of 75,811.07 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2608
0.1946
JanuMarcMayJulySeptNove

HUF to AFN 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 0.2496, compared to 0.2197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0300 points.

H1 Avg (Jan–Jun) 0.2496
H2 Avg (Jul–Dec) 0.2197

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0265 AFN (High: 0.2285 / Low: 0.2019). On the other end, June was the most stable month, with a tight range of 0.0065 AFN (High: 0.2565 / Low: 0.2500).

September Spread (Volatile) ±0.0265
June Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.0239 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.2529) against the same month in 2022 (average: 0.2525), the exchange rate shifted by +0.0004 (+0.16%).

2023 Avg (April) 0.2529
2022 Avg (April) 0.2525

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2522 0.2315 0.2428
February 0.2555 0.2460 0.2495
March 0.2543 0.2312 0.2437
April 0.2705 0.2461 0.2529
May 0.2615 0.2487 0.2553
June 0.2565 0.2500 0.2537
July 0.2620 0.2440 0.2526
August 0.2452 0.2310 0.2392
September 0.2285 0.2019 0.2153
October 0.2113 0.2033 0.2070
November 0.2110 0.1971 0.2039
December 0.2038 0.1947 0.2001