2023 HUF to CNY Historical Review

YEARLY HIGH

0.0216 CNY

YEARLY LOW

0.0182 CNY

YEARLY AVERAGE

0.0201 CNY

2023 HUF to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0216. Conversely, the yearly low was recorded on January 3, dropping to 0.0182.

This high-to-low spread represents a total annual volatility of 0.0034 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0186 to the December average rate of 0.0204, the exchange rate registered a net change of 9.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0216 was up 4.71% compared to the 2022 peak of 0.0206, 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 21,576 CNY

2022 Average 18,148 CNY

Yearly Trough Low 18,220 CNY

Transaction Impact: A difference of 3,355.29 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0212

0.0183

JanuMarcMayJulySeptNove

HUF to CNY 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 0.0197, compared to 0.0204 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) 0.0197

H2 Avg (Jul–Dec) 0.0204

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0014 CNY (High: 0.0216 / Low: 0.0202). On the other end, May was the most stable month, with a tight range of 0.0004 CNY (High: 0.0206 / Low: 0.0202).

July Spread (Volatile) ±0.0014

May Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0004 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0210) against the same month in 2022 (average: 0.0171), the exchange rate shifted by +0.0039 (+22.90%).

2023 Avg (July) 0.0210

2022 Avg (July) 0.0171

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0191	0.0182	0.0186
February	0.0195	0.0185	0.0190
March	0.0197	0.0184	0.0192
April	0.0205	0.0195	0.0201
May	0.0206	0.0202	0.0204
June	0.0214	0.0205	0.0209
July	0.0216	0.0202	0.0210
August	0.0210	0.0199	0.0205
September	0.0205	0.0196	0.0201
October	0.0204	0.0193	0.0199
November	0.0210	0.0202	0.0206
December	0.0207	0.0202	0.0204