YEARLY HIGH
0.1962 GMD
YEARLY LOW
0.1634 GMD
YEARLY AVERAGE
0.1766 GMD

2023 HUF to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.1962. Conversely, the yearly low was recorded on January 3, dropping to 0.1634.

This high-to-low spread represents a total annual volatility of 0.0329 GMD. From a start-to-finish perspective, comparing the January average rate of 0.1695 to the December average rate of 0.1927, the exchange rate registered a net change of 13.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1962 was up 14.19% compared to the 2022 peak of 0.1718, 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 196,237 GMD
2022 Average 149,575 GMD
Yearly Trough Low 163,361 GMD
Transaction Impact: A difference of 32,876.68 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1950
0.1672
JanuMarcMayJulySeptNove

HUF to GMD 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 0.1732, compared to 0.1799 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.1732
H2 Avg (Jul–Dec) 0.1799

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0167 GMD (High: 0.1962 / Low: 0.1796). On the other end, June was the most stable month, with a tight range of 0.0044 GMD (High: 0.1766 / Low: 0.1722).

November Spread (Volatile) ±0.0167
June Spread (Stable) ±0.0044

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 April and May, when the average rate fell by 0.0061 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1909) against the same month in 2022 (average: 0.1538), the exchange rate shifted by +0.0372 (+24.17%).

2023 Avg (November) 0.1909
2022 Avg (November) 0.1538

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1744 0.1634 0.1695
February 0.1739 0.1658 0.1700
March 0.1783 0.1642 0.1707
April 0.1841 0.1763 0.1806
May 0.1784 0.1710 0.1744
June 0.1766 0.1722 0.1740
July 0.1792 0.1683 0.1739
August 0.1751 0.1682 0.1717
September 0.1764 0.1666 0.1707
October 0.1834 0.1745 0.1798
November 0.1962 0.1796 0.1909
December 0.1957 0.1893 0.1927