2023 HUF to GBP Historical Review

YEARLY HIGH

0.0024 GBP

YEARLY LOW

0.0022 GBP

YEARLY AVERAGE

0.0023 GBP

2023 HUF to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.0024. Conversely, the yearly low was recorded on August 3, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0002 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0023, the exchange rate registered a net change of 1.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0024 was down 0.53% compared to the 2022 peak of 0.0024, 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 2,379 GBP

2022 Average 2,184 GBP

Yearly Trough Low 2,190 GBP

Transaction Impact: A difference of 189.14 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0024

0.0022

JanuMarcMayJulySeptNove

HUF to GBP 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 0.0023, compared to 0.0023 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) 0.0023

H2 Avg (Jul–Dec) 0.0023

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0002 GBP (High: 0.0024 / Low: 0.0022). On the other end, December was the most stable month, with a tight range of 0.0000 GBP (High: 0.0023 / Low: 0.0022).

March Spread (Volatile) ±0.0002

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 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 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0023) against the same month in 2022 (average: 0.0022), the exchange rate shifted by +0.0001 (+5.17%).

2023 Avg (April) 0.0023

2022 Avg (April) 0.0022

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0023	0.0022	0.0022
February	0.0023	0.0023	0.0023
March	0.0024	0.0022	0.0023
April	0.0024	0.0023	0.0023
May	0.0024	0.0023	0.0023
June	0.0023	0.0023	0.0023
July	0.0023	0.0022	0.0023
August	0.0023	0.0022	0.0022
September	0.0023	0.0022	0.0022
October	0.0023	0.0022	0.0023
November	0.0023	0.0023	0.0023
December	0.0023	0.0022	0.0023