YEARLY HIGH
0.0651 CZK
YEARLY LOW
0.0601 CZK
YEARLY AVERAGE
0.0629 CZK

2023 HUF to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0651. Conversely, the yearly low was recorded on January 10, dropping to 0.0601.

This high-to-low spread represents a total annual volatility of 0.0050 CZK. From a start-to-finish perspective, comparing the January average rate of 0.0607 to the December average rate of 0.0642, the exchange rate registered a net change of 5.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0651 was down 5.79% compared to the 2022 peak of 0.0691, 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 65,143 CZK
2022 Average 62,967 CZK
Yearly Trough Low 60,149 CZK
Transaction Impact: A difference of 4,993.55 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0649
0.0603
JanuMarcMayJulySeptNove

HUF to CZK 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 0.0623, compared to 0.0635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0623
H2 Avg (Jul–Dec) 0.0635

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0023 CZK (High: 0.0628 / Low: 0.0605). On the other end, June was the most stable month, with a tight range of 0.0009 CZK (High: 0.0644 / Low: 0.0635).

February Spread (Volatile) ±0.0023
June Spread (Stable) ±0.0009

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 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0645) against the same month in 2022 (average: 0.0599), the exchange rate shifted by +0.0046 (+7.76%).

2023 Avg (November) 0.0645
2022 Avg (November) 0.0599

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0614 0.0601 0.0607
February 0.0628 0.0605 0.0617
March 0.0626 0.0603 0.0615
April 0.0631 0.0617 0.0624
May 0.0642 0.0626 0.0634
June 0.0644 0.0635 0.0639
July 0.0639 0.0617 0.0630
August 0.0635 0.0616 0.0626
September 0.0641 0.0620 0.0631
October 0.0645 0.0626 0.0638
November 0.0651 0.0640 0.0645
December 0.0646 0.0637 0.0642