2023 HUF to BOB Historical Review

YEARLY HIGH

0.0208 BOB

YEARLY LOW

0.0182 BOB

YEARLY AVERAGE

0.0196 BOB

2023 HUF to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0208. Conversely, the yearly low was recorded on January 3, dropping to 0.0182.

This high-to-low spread represents a total annual volatility of 0.0026 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0189 to the December average rate of 0.0198, the exchange rate registered a net change of 4.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0208 was down 6.89% compared to the 2022 peak of 0.0223, 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 20,770 BOB

2022 Average 18,656 BOB

Yearly Trough Low 18,208 BOB

Transaction Impact: A difference of 2,562.54 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0203

0.0187

JanuMarcMayJulySeptNove

HUF to BOB 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 0.0196, compared to 0.0195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0196

H2 Avg (Jul–Dec) 0.0195

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0016 BOB (High: 0.0198 / Low: 0.0183). On the other end, June was the most stable month, with a tight range of 0.0005 BOB (High: 0.0205 / Low: 0.0200).

March Spread (Volatile) ±0.0016

June Spread (Stable) ±0.0005

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 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0201) against the same month in 2022 (average: 0.0174), the exchange rate shifted by +0.0027 (+15.62%).

2023 Avg (July) 0.0201

2022 Avg (July) 0.0174

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0195	0.0182	0.0189
February	0.0196	0.0188	0.0192
March	0.0198	0.0183	0.0192
April	0.0204	0.0196	0.0202
May	0.0205	0.0198	0.0202
June	0.0205	0.0200	0.0202
July	0.0208	0.0195	0.0201
August	0.0199	0.0192	0.0196
September	0.0195	0.0185	0.0191
October	0.0193	0.0186	0.0189
November	0.0201	0.0191	0.0197
December	0.0201	0.0194	0.0198