YEARLY HIGH
13.8902 COP
YEARLY LOW
10.7658 COP
YEARLY AVERAGE
12.2570 COP

2023 HUF to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 13.8902. Conversely, the yearly low was recorded on September 21, dropping to 10.7658.

This high-to-low spread represents a total annual volatility of 3.1244 COP. From a start-to-finish perspective, comparing the January average rate of 12.8747 to the December average rate of 11.3199, the exchange rate registered a net change of -12.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.8902 was up 7.42% compared to the 2022 peak of 12.9311, 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 13,890,208 COP
2022 Average 11,452,749 COP
Yearly Trough Low 10,765,798 COP
Transaction Impact: A difference of 3,124,410.19 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.5728
10.8456
JanuMarcMayJulySeptNove

HUF to COP 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 13.0384, compared to 11.4756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5628 points.

H1 Avg (Jan–Jun) 13.0384
H2 Avg (Jul–Dec) 11.4756

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.2277 COP (High: 13.8902 / Low: 12.6625). On the other end, December was the most stable month, with a tight range of 0.4183 COP (High: 11.5490 / Low: 11.1307).

March Spread (Volatile) ±1.2277
December Spread (Stable) ±0.4183

Growth Streaks & Declines

Trends

Between March and May, 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 May and June, when the average rate fell by 0.9596 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9596

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 13.2320) against the same month in 2022 (average: 11.1167), the exchange rate shifted by +2.1153 (+19.03%).

2023 Avg (March) 13.2320
2022 Avg (March) 11.1167

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.2051 12.6071 12.8747
February 13.8289 12.8149 13.3456
March 13.8902 12.6625 13.2320
April 13.7223 12.9258 13.2374
May 13.8071 12.6646 13.2502
June 12.8407 11.9917 12.2906
July 12.3673 11.1569 11.8535
August 11.7525 11.0832 11.5382
September 11.5192 10.7658 11.0729
October 11.8642 11.0510 11.5660
November 11.7629 11.2275 11.5032
December 11.5490 11.1307 11.3199