2023 HUF to CAD Historical Review

YEARLY HIGH

0.0040 CAD

YEARLY LOW

0.0036 CAD

YEARLY AVERAGE

0.0038 CAD

2023 HUF to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.0040. Conversely, the yearly low was recorded on January 5, dropping to 0.0036.

This high-to-low spread represents a total annual volatility of 0.0004 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0037 to the December average rate of 0.0038, the exchange rate registered a net change of 4.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0040 was down 2.25% compared to the 2022 peak of 0.0041, 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 4,032 CAD

2022 Average 3,516 CAD

Yearly Trough Low 3,602 CAD

Transaction Impact: A difference of 430.00 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0040

0.0036

JanuMarcMayJulySeptNove

HUF to CAD 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 0.0038, compared to 0.0038 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) 0.0038

H2 Avg (Jul–Dec) 0.0038

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0002 CAD (High: 0.0040 / Low: 0.0037). On the other end, June was the most stable month, with a tight range of 0.0000 CAD (High: 0.0039 / Low: 0.0039).

July Spread (Volatile) ±0.0002

June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0039) against the same month in 2022 (average: 0.0036), the exchange rate shifted by +0.0003 (+8.23%).

2023 Avg (April) 0.0039

2022 Avg (April) 0.0036

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0038	0.0036	0.0037
February	0.0038	0.0037	0.0037
March	0.0039	0.0037	0.0038
April	0.0040	0.0038	0.0039
May	0.0040	0.0039	0.0039
June	0.0039	0.0039	0.0039
July	0.0040	0.0037	0.0039
August	0.0039	0.0037	0.0038
September	0.0038	0.0036	0.0037
October	0.0038	0.0037	0.0038
November	0.0040	0.0038	0.0039
December	0.0039	0.0038	0.0038