2023 HUF to DKK Historical Review

YEARLY HIGH

0.0202 DKK

YEARLY LOW

0.0185 DKK

YEARLY AVERAGE

0.0195 DKK

2023 HUF to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 0.0202. Conversely, the yearly low was recorded on January 2, dropping to 0.0185.

This high-to-low spread represents a total annual volatility of 0.0017 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0188 to the December average rate of 0.0195, the exchange rate registered a net change of 3.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0202 was down 4.01% compared to the 2022 peak of 0.0211, 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 20,242 DKK

2022 Average 19,071 DKK

Yearly Trough Low 18,524 DKK

Transaction Impact: A difference of 1,717.12 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0202

0.0187

JanuMarcMayJulySeptNove

HUF to DKK 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 0.0196, compared to 0.0195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0196

H2 Avg (Jul–Dec) 0.0195

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0012 DKK (High: 0.0199 / Low: 0.0187). On the other end, December was the most stable month, with a tight range of 0.0003 DKK (High: 0.0197 / Low: 0.0194).

March Spread (Volatile) ±0.0012

December Spread (Stable) ±0.0003

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 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0201) against the same month in 2022 (average: 0.0187), the exchange rate shifted by +0.0014 (+7.24%).

2023 Avg (June) 0.0201

2022 Avg (June) 0.0187

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0192	0.0185	0.0188
February	0.0197	0.0189	0.0194
March	0.0199	0.0187	0.0193
April	0.0201	0.0196	0.0198
May	0.0202	0.0198	0.0200
June	0.0202	0.0199	0.0201
July	0.0200	0.0192	0.0196
August	0.0196	0.0189	0.0194
September	0.0195	0.0190	0.0193
October	0.0196	0.0191	0.0194
November	0.0198	0.0195	0.0197
December	0.0197	0.0194	0.0195