YEARLY HIGH
0.5343 DJF
YEARLY LOW
0.4684 DJF
YEARLY AVERAGE
0.5043 DJF

2023 HUF to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.5343. Conversely, the yearly low was recorded on January 3, dropping to 0.4684.

This high-to-low spread represents a total annual volatility of 0.0660 DJF. From a start-to-finish perspective, comparing the January average rate of 0.4857 to the December average rate of 0.5095, the exchange rate registered a net change of 4.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5343 was down 7.33% compared to the 2022 peak of 0.5766, 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 534,341 DJF
2022 Average 481,869 DJF
Yearly Trough Low 468,377 DJF
Transaction Impact: A difference of 65,964.64 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5242
0.4822
JanuMarcMayJulySeptNove

HUF to DJF 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 0.5056, compared to 0.5029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.5056
H2 Avg (Jul–Dec) 0.5029

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0394 DJF (High: 0.5101 / Low: 0.4707). On the other end, August was the most stable month, with a tight range of 0.0136 DJF (High: 0.5120 / Low: 0.4984).

March Spread (Volatile) ±0.0394
August Spread (Stable) ±0.0136

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 July and August, when the average rate fell by 0.0140 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.5181) against the same month in 2022 (average: 0.4505), the exchange rate shifted by +0.0675 (+14.99%).

2023 Avg (July) 0.5181
2022 Avg (July) 0.4505

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5015 0.4684 0.4857
February 0.5056 0.4833 0.4953
March 0.5101 0.4707 0.4941
April 0.5267 0.5045 0.5186
May 0.5284 0.5102 0.5190
June 0.5290 0.5154 0.5207
July 0.5343 0.5022 0.5181
August 0.5120 0.4984 0.5041
September 0.5019 0.4767 0.4916
October 0.4969 0.4780 0.4874
November 0.5183 0.4915 0.5070
December 0.5170 0.5002 0.5095