YEARLY HIGH
0.0011 BHD
YEARLY LOW
0.0010 BHD
YEARLY AVERAGE
0.0011 BHD

2023 HUF to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0011. Conversely, the yearly low was recorded on January 3, dropping to 0.0010.

This high-to-low spread represents a total annual volatility of 0.0001 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0010 to the December average rate of 0.0011, the exchange rate registered a net change of 4.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0011 was down 7.25% compared to the 2022 peak of 0.0012, 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 1,133 BHD
2022 Average 1,021 BHD
Yearly Trough Low 993 BHD
Transaction Impact: A difference of 139.71 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0011
0.0010
JanuMarcMayJulySeptNove

HUF to BHD 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 0.0011, compared to 0.0011 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) 0.0011
H2 Avg (Jul–Dec) 0.0011

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0001 BHD (High: 0.0011 / Low: 0.0010). On the other end, June was the most stable month, with a tight range of 0.0000 BHD (High: 0.0011 / Low: 0.0011).

March Spread (Volatile) ±0.0001
June Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0011) against the same month in 2022 (average: 0.0010), the exchange rate shifted by +0.0001 (+15.04%).

2023 Avg (July) 0.0011
2022 Avg (July) 0.0010

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0011 0.0010 0.0010
February 0.0011 0.0010 0.0010
March 0.0011 0.0010 0.0010
April 0.0011 0.0011 0.0011
May 0.0011 0.0011 0.0011
June 0.0011 0.0011 0.0011
July 0.0011 0.0011 0.0011
August 0.0011 0.0010 0.0011
September 0.0011 0.0010 0.0010
October 0.0011 0.0010 0.0010
November 0.0011 0.0010 0.0011
December 0.0011 0.0011 0.0011