2023 HUF to BZD Historical Review

YEARLY HIGH

0.0061 BZD

YEARLY LOW

0.0053 BZD

YEARLY AVERAGE

0.0057 BZD

2023 HUF to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0061. 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 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0055 to the December average rate of 0.0058, the exchange rate registered a net change of 4.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0061 was down 7.22% 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 6,059 BZD

2022 Average 5,456 BZD

Yearly Trough Low 5,311 BZD

Transaction Impact: A difference of 747.53 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0059

0.0055

JanuMarcMayJulySeptNove

HUF to BZD 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 0.0005 BZD (High: 0.0058 / Low: 0.0053). On the other end, June was the most stable month, with a tight range of 0.0002 BZD (High: 0.0060 / Low: 0.0058).

March Spread (Volatile) ±0.0005

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: 0.0059) against the same month in 2022 (average: 0.0051), the exchange rate shifted by +0.0008 (+15.04%).

2023 Avg (July) 0.0059

2022 Avg (July) 0.0051

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0057	0.0053	0.0055
February	0.0057	0.0055	0.0056
March	0.0058	0.0053	0.0056
April	0.0060	0.0057	0.0059
May	0.0060	0.0058	0.0059
June	0.0060	0.0058	0.0059
July	0.0061	0.0057	0.0059
August	0.0058	0.0056	0.0057
September	0.0057	0.0054	0.0056
October	0.0056	0.0054	0.0055
November	0.0059	0.0056	0.0057
December	0.0059	0.0057	0.0058