YEARLY HIGH
0.0400 BWP
YEARLY LOW
0.0339 BWP
YEARLY AVERAGE
0.0379 BWP

2023 HUF to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.0400. Conversely, the yearly low was recorded on January 3, dropping to 0.0339.

This high-to-low spread represents a total annual volatility of 0.0061 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0349 to the December average rate of 0.0386, the exchange rate registered a net change of 10.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0400 was up 6.38% compared to the 2022 peak of 0.0376, 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 39,985 BWP
2022 Average 33,333 BWP
Yearly Trough Low 33,912 BWP
Transaction Impact: A difference of 6,072.80 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0398
0.0345
JanuMarcMayJulySeptNove

HUF to BWP 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 0.0375, compared to 0.0382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0375
H2 Avg (Jul–Dec) 0.0382

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0027 BWP (High: 0.0377 / Low: 0.0351). On the other end, May was the most stable month, with a tight range of 0.0011 BWP (High: 0.0399 / Low: 0.0388).

March Spread (Volatile) ±0.0027
May Spread (Stable) ±0.0011

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 0.0007 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0393) against the same month in 2022 (average: 0.0323), the exchange rate shifted by +0.0070 (+21.60%).

2023 Avg (June) 0.0393
2022 Avg (June) 0.0323

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0360 0.0339 0.0349
February 0.0374 0.0352 0.0364
March 0.0377 0.0351 0.0368
April 0.0391 0.0369 0.0383
May 0.0399 0.0388 0.0393
June 0.0400 0.0387 0.0393
July 0.0395 0.0372 0.0386
August 0.0388 0.0373 0.0382
September 0.0384 0.0369 0.0377
October 0.0384 0.0370 0.0376
November 0.0394 0.0377 0.0386
December 0.0393 0.0381 0.0386