2023 HUF to HKD Historical Review

YEARLY HIGH

0.0235 HKD

YEARLY LOW

0.0206 HKD

YEARLY AVERAGE

0.0222 HKD

2023 HUF to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 0.0235. Conversely, the yearly low was recorded on January 3, dropping to 0.0206.

This high-to-low spread represents a total annual volatility of 0.0029 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0214 to the December average rate of 0.0223, the exchange rate registered a net change of 4.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0235 was down 6.96% compared to the 2022 peak of 0.0252, 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 23,492 HKD

2022 Average 21,193 HKD

Yearly Trough Low 20,588 HKD

Transaction Impact: A difference of 2,904.88 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0231

0.0212

JanuMarcMayJulySeptNove

HUF to HKD 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 0.0223, compared to 0.0221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0223

H2 Avg (Jul–Dec) 0.0221

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0016 HKD (High: 0.0225 / Low: 0.0210). On the other end, June was the most stable month, with a tight range of 0.0006 HKD (High: 0.0233 / Low: 0.0227).

March Spread (Volatile) ±0.0016

June Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0228) against the same month in 2022 (average: 0.0199), the exchange rate shifted by +0.0029 (+14.68%).

2023 Avg (July) 0.0228

2022 Avg (July) 0.0199

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0221	0.0206	0.0214
February	0.0223	0.0213	0.0218
March	0.0225	0.0210	0.0218
April	0.0232	0.0223	0.0229
May	0.0233	0.0225	0.0229
June	0.0233	0.0227	0.0229
July	0.0235	0.0221	0.0228
August	0.0226	0.0217	0.0222
September	0.0221	0.0209	0.0216
October	0.0219	0.0210	0.0214
November	0.0227	0.0216	0.0223
December	0.0227	0.0219	0.0223