YEARLY HIGH
0.2466 INR
YEARLY LOW
0.2181 INR
YEARLY AVERAGE
0.2341 INR

2023 HUF to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.2466. Conversely, the yearly low was recorded on January 3, dropping to 0.2181.

This high-to-low spread represents a total annual volatility of 0.0285 INR. From a start-to-finish perspective, comparing the January average rate of 0.2233 to the December average rate of 0.2382, the exchange rate registered a net change of 6.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2466 was up 1.28% compared to the 2022 peak of 0.2435, 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 246,623 INR
2022 Average 212,134 INR
Yearly Trough Low 218,111 INR
Transaction Impact: A difference of 28,511.58 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2421
0.2216
JanuMarcMayJulySeptNove

HUF to INR 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 0.2336, compared to 0.2346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.2336
H2 Avg (Jul–Dec) 0.2346

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0147 INR (High: 0.2355 / Low: 0.2208). On the other end, June was the most stable month, with a tight range of 0.0054 INR (High: 0.2436 / Low: 0.2382).

March Spread (Volatile) ±0.0147
June Spread (Stable) ±0.0054

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 August and September, when the average rate fell by 0.0054 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2397) against the same month in 2022 (average: 0.2014), the exchange rate shifted by +0.0383 (+19.01%).

2023 Avg (July) 0.2397
2022 Avg (July) 0.2014

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2299 0.2181 0.2233
February 0.2356 0.2250 0.2299
March 0.2355 0.2208 0.2287
April 0.2427 0.2332 0.2393
May 0.2434 0.2377 0.2402
June 0.2436 0.2382 0.2404
July 0.2466 0.2335 0.2397
August 0.2381 0.2305 0.2347
September 0.2335 0.2227 0.2293
October 0.2321 0.2235 0.2281
November 0.2431 0.2298 0.2377
December 0.2419 0.2341 0.2382