2023 HUF to EGP Historical Review

YEARLY HIGH

0.0929 EGP

YEARLY LOW

0.0653 EGP

YEARLY AVERAGE

0.0869 EGP

2023 HUF to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0929. Conversely, the yearly low was recorded on January 3, dropping to 0.0653.

This high-to-low spread represents a total annual volatility of 0.0276 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0783 to the December average rate of 0.0884, the exchange rate registered a net change of 12.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0929 was up 40.27% compared to the 2022 peak of 0.0662, 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 92,869 EGP

2022 Average 51,545 EGP

Yearly Trough Low 65,287 EGP

Transaction Impact: A difference of 27,582.70 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0916

0.0771

JanuMarcMayJulySeptNove

HUF to EGP 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 0.0865, compared to 0.0874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0865

H2 Avg (Jul–Dec) 0.0874

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0190 EGP (High: 0.0843 / Low: 0.0653). On the other end, June was the most stable month, with a tight range of 0.0025 EGP (High: 0.0918 / Low: 0.0893).

January Spread (Volatile) ±0.0190

June Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between January and April, 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 0.0025 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0900) against the same month in 2022 (average: 0.0478), the exchange rate shifted by +0.0422 (+88.20%).

2023 Avg (July) 0.0900

2022 Avg (July) 0.0478

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0843	0.0653	0.0783
February	0.0870	0.0821	0.0848
March	0.0886	0.0817	0.0857
April	0.0914	0.0877	0.0900
May	0.0918	0.0883	0.0900
June	0.0918	0.0893	0.0904
July	0.0929	0.0872	0.0900
August	0.0890	0.0862	0.0876
September	0.0872	0.0827	0.0853
October	0.0864	0.0831	0.0846
November	0.0901	0.0853	0.0882
December	0.0896	0.0869	0.0884