YEARLY HIGH
0.0053 BAM
YEARLY LOW
0.0049 BAM
YEARLY AVERAGE
0.0051 BAM

2023 HUF to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 0.0053. Conversely, the yearly low was recorded on March 18, dropping to 0.0049.

This high-to-low spread represents a total annual volatility of 0.0005 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0050 to the December average rate of 0.0051, the exchange rate registered a net change of 3.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0053 was down 4.79% compared to the 2022 peak of 0.0056, 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 5,324 BAM
2022 Average 5,012 BAM
Yearly Trough Low 4,864 BAM
Transaction Impact: A difference of 459.39 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0053
0.0049
JanuMarcMayJulySeptNove

HUF to BAM 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 0.0051, compared to 0.0051 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) 0.0051
H2 Avg (Jul–Dec) 0.0051

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0004 BAM (High: 0.0052 / Low: 0.0049). On the other end, June was the most stable month, with a tight range of 0.0001 BAM (High: 0.0053 / Low: 0.0052).

March Spread (Volatile) ±0.0004
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0053) against the same month in 2022 (average: 0.0049), the exchange rate shifted by +0.0004 (+7.22%).

2023 Avg (June) 0.0053
2022 Avg (June) 0.0049

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0051 0.0049 0.0050
February 0.0052 0.0049 0.0051
March 0.0052 0.0049 0.0051
April 0.0053 0.0051 0.0052
May 0.0053 0.0052 0.0052
June 0.0053 0.0052 0.0053
July 0.0053 0.0050 0.0052
August 0.0052 0.0050 0.0051
September 0.0051 0.0050 0.0051
October 0.0052 0.0050 0.0051
November 0.0053 0.0051 0.0052
December 0.0052 0.0051 0.0051