YEARLY HIGH
0.0150 BRL
YEARLY LOW
0.0134 BRL
YEARLY AVERAGE
0.0142 BRL

2023 HUF to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0150. Conversely, the yearly low was recorded on July 31, dropping to 0.0134.

This high-to-low spread represents a total annual volatility of 0.0015 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0142 to the December average rate of 0.0140, the exchange rate registered a net change of -1.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0150 was down 16.59% compared to the 2022 peak of 0.0179, 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 14,958 BRL
2022 Average 13,972 BRL
Yearly Trough Low 13,417 BRL
Transaction Impact: A difference of 1,540.90 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0147
0.0136
JanuMarcMayJulySeptNove

HUF to BRL 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 0.0144, compared to 0.0139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0144
H2 Avg (Jul–Dec) 0.0139

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0010 BRL (High: 0.0145 / Low: 0.0134). On the other end, December was the most stable month, with a tight range of 0.0004 BRL (High: 0.0142 / Low: 0.0139).

July Spread (Volatile) ±0.0010
December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0145) against the same month in 2022 (average: 0.0145), the exchange rate shifted by -0.0000 (-0.15%).

2023 Avg (March) 0.0145
2022 Avg (March) 0.0145

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0146 0.0139 0.0142
February 0.0148 0.0140 0.0144
March 0.0150 0.0141 0.0145
April 0.0149 0.0144 0.0146
May 0.0148 0.0143 0.0145
June 0.0145 0.0140 0.0142
July 0.0145 0.0134 0.0140
August 0.0142 0.0136 0.0139
September 0.0139 0.0135 0.0137
October 0.0141 0.0136 0.0139
November 0.0142 0.0137 0.0140
December 0.0142 0.0139 0.0140