2023 HUF to ISK Historical Review

YEARLY HIGH

0.4098 ISK

YEARLY LOW

0.3679 ISK

YEARLY AVERAGE

0.3909 ISK

2023 HUF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 0.4098. Conversely, the yearly low was recorded on August 3, dropping to 0.3679.

This high-to-low spread represents a total annual volatility of 0.0419 ISK. From a start-to-finish perspective, comparing the January average rate of 0.3905 to the December average rate of 0.3944, the exchange rate registered a net change of 0.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4098 was down 1.58% compared to the 2022 peak of 0.4164, 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 409,847 ISK

2022 Average 364,743 ISK

Yearly Trough Low 367,936 ISK

Transaction Impact: A difference of 41,911.06 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4070

0.3705

JanuMarcMayJulySeptNove

HUF to ISK 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 0.3972, compared to 0.3846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 0.3972

H2 Avg (Jul–Dec) 0.3846

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0341 ISK (High: 0.4059 / Low: 0.3718). On the other end, December was the most stable month, with a tight range of 0.0089 ISK (High: 0.4003 / Low: 0.3914).

March Spread (Volatile) ±0.0341

December Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

Between August and November, 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 0.0164 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.4040) against the same month in 2022 (average: 0.3595), the exchange rate shifted by +0.0445 (+12.37%).

2023 Avg (May) 0.4040

2022 Avg (May) 0.3595

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4059	0.3778	0.3905
February	0.4059	0.3874	0.3981
March	0.4059	0.3718	0.3891
April	0.4027	0.3911	0.3985
May	0.4098	0.4000	0.4040
June	0.4087	0.3988	0.4033
July	0.3989	0.3725	0.3869
August	0.3781	0.3679	0.3735
September	0.3785	0.3691	0.3737
October	0.3857	0.3737	0.3798
November	0.4084	0.3851	0.3992
December	0.4003	0.3914	0.3944