2023 HUF to CVE Historical Review

YEARLY HIGH

0.3054 CVE

YEARLY LOW

0.2722 CVE

YEARLY AVERAGE

0.2894 CVE

2023 HUF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 0.3054. Conversely, the yearly low was recorded on January 3, dropping to 0.2722.

This high-to-low spread represents a total annual volatility of 0.0333 CVE. From a start-to-finish perspective, comparing the January average rate of 0.2800 to the December average rate of 0.2894, the exchange rate registered a net change of 3.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3054 was down 3.45% compared to the 2022 peak of 0.3163, 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 305,450 CVE

2022 Average 283,320 CVE

Yearly Trough Low 272,180 CVE

Transaction Impact: A difference of 33,270.01 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3003

0.2782

JanuMarcMayJulySeptNove

HUF to CVE 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 0.2904, compared to 0.2884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.2904

H2 Avg (Jul–Dec) 0.2884

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0214 CVE (High: 0.2957 / Low: 0.2742). On the other end, May was the most stable month, with a tight range of 0.0064 CVE (High: 0.2994 / Low: 0.2930).

March Spread (Volatile) ±0.0214

May Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0075 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.2985) against the same month in 2022 (average: 0.2786), the exchange rate shifted by +0.0199 (+7.15%).

2023 Avg (June) 0.2985

2022 Avg (June) 0.2786

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2863	0.2722	0.2800
February	0.2931	0.2793	0.2868
March	0.2957	0.2742	0.2867
April	0.2976	0.2876	0.2940
May	0.2994	0.2930	0.2966
June	0.3054	0.2953	0.2985
July	0.2988	0.2838	0.2910
August	0.2917	0.2807	0.2865
September	0.2886	0.2799	0.2852
October	0.2902	0.2821	0.2863
November	0.2983	0.2877	0.2918
December	0.2994	0.2867	0.2894