YEARLY HIGH
0.0027 EUR
YEARLY LOW
0.0025 EUR
YEARLY AVERAGE
0.0026 EUR

2023 HUF to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 0.0027. Conversely, the yearly low was recorded on March 18, dropping to 0.0025.

This high-to-low spread represents a total annual volatility of 0.0002 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0026, the exchange rate registered a net change of 3.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0027 was down 4.13% compared to the 2022 peak of 0.0028, 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 2,716 EUR
2022 Average 2,563 EUR
Yearly Trough Low 2,488 EUR
Transaction Impact: A difference of 228.19 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0027
0.0025
JanuMarcMayJulySeptNove

HUF to EUR 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 0.0026, compared to 0.0026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0026
H2 Avg (Jul–Dec) 0.0026

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0002 EUR (High: 0.0027 / Low: 0.0025). On the other end, December was the most stable month, with a tight range of 0.0000 EUR (High: 0.0026 / Low: 0.0026).

March Spread (Volatile) ±0.0002
December Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0027) against the same month in 2022 (average: 0.0025), the exchange rate shifted by +0.0002 (+7.06%).

2023 Avg (June) 0.0027
2022 Avg (June) 0.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0026 0.0025 0.0025
February 0.0026 0.0025 0.0026
March 0.0027 0.0025 0.0026
April 0.0027 0.0026 0.0027
May 0.0027 0.0026 0.0027
June 0.0027 0.0027 0.0027
July 0.0027 0.0026 0.0026
August 0.0026 0.0025 0.0026
September 0.0026 0.0025 0.0026
October 0.0026 0.0026 0.0026
November 0.0027 0.0026 0.0026
December 0.0026 0.0026 0.0026