YEARLY HIGH
0.0051 AZN
YEARLY LOW
0.0045 AZN
YEARLY AVERAGE
0.0048 AZN

2023 HUF to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0051. Conversely, the yearly low was recorded on January 3, dropping to 0.0045.

This high-to-low spread represents a total annual volatility of 0.0006 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0049, the exchange rate registered a net change of 4.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0051 was down 7.20% compared to the 2022 peak of 0.0055, 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 5,109 AZN
2022 Average 4,602 AZN
Yearly Trough Low 4,479 AZN
Transaction Impact: A difference of 630.09 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0050
0.0046
JanuMarcMayJulySeptNove

HUF to AZN 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 0.0048, compared to 0.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0048
H2 Avg (Jul–Dec) 0.0048

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0003 AZN (High: 0.0049 / Low: 0.0045). On the other end, June was the most stable month, with a tight range of 0.0001 AZN (High: 0.0051 / Low: 0.0049).

March Spread (Volatile) ±0.0003
June Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0050) against the same month in 2022 (average: 0.0043), the exchange rate shifted by +0.0007 (+15.16%).

2023 Avg (July) 0.0050
2022 Avg (July) 0.0043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0048 0.0045 0.0046
February 0.0048 0.0046 0.0047
March 0.0049 0.0045 0.0047
April 0.0050 0.0048 0.0050
May 0.0051 0.0049 0.0050
June 0.0051 0.0049 0.0050
July 0.0051 0.0048 0.0050
August 0.0049 0.0047 0.0048
September 0.0048 0.0045 0.0047
October 0.0048 0.0046 0.0047
November 0.0050 0.0047 0.0049
December 0.0049 0.0048 0.0049