2023 HUF to BBD Historical Review

YEARLY HIGH

0.0060 BBD

YEARLY LOW

0.0053 BBD

YEARLY AVERAGE

0.0057 BBD

2023 HUF to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0060. Conversely, the yearly low was recorded on January 3, dropping to 0.0053.

This high-to-low spread represents a total annual volatility of 0.0007 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0055 to the December average rate of 0.0057, 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 0.0060 was down 7.25% compared to the 2022 peak of 0.0065, 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 6,011 BBD

2022 Average 5,414 BBD

Yearly Trough Low 5,270 BBD

Transaction Impact: A difference of 741.28 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0059

0.0054

JanuMarcMayJulySeptNove

HUF to BBD 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 0.0057, compared to 0.0057 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) 0.0057

H2 Avg (Jul–Dec) 0.0057

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0004 BBD (High: 0.0057 / Low: 0.0053). On the other end, June was the most stable month, with a tight range of 0.0002 BBD (High: 0.0059 / Low: 0.0058).

March Spread (Volatile) ±0.0004

June Spread (Stable) ±0.0002

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 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0058) against the same month in 2022 (average: 0.0051), the exchange rate shifted by +0.0008 (+15.14%).

2023 Avg (July) 0.0058

2022 Avg (July) 0.0051

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0056	0.0053	0.0055
February	0.0057	0.0054	0.0056
March	0.0057	0.0053	0.0056
April	0.0059	0.0057	0.0058
May	0.0059	0.0057	0.0058
June	0.0059	0.0058	0.0059
July	0.0060	0.0056	0.0058
August	0.0058	0.0056	0.0057
September	0.0056	0.0054	0.0055
October	0.0056	0.0054	0.0055
November	0.0058	0.0055	0.0057
December	0.0058	0.0056	0.0057