YEARLY HIGH
0.4357 JPY
YEARLY LOW
0.3459 JPY
YEARLY AVERAGE
0.3983 JPY

2023 HUF to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.4357. Conversely, the yearly low was recorded on January 3, dropping to 0.3459.

This high-to-low spread represents a total annual volatility of 0.0897 JPY. From a start-to-finish perspective, comparing the January average rate of 0.3557 to the December average rate of 0.4110, the exchange rate registered a net change of 15.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4357 was up 16.04% compared to the 2022 peak of 0.3755, 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 435,691 JPY
2022 Average 353,204 JPY
Yearly Trough Low 345,942 JPY
Transaction Impact: A difference of 89,749.50 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4347
0.3485
JanuMarcMayJulySeptNove

HUF to JPY 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 0.3836, compared to 0.4131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0294 points.

H1 Avg (Jan–Jun) 0.3836
H2 Avg (Jul–Dec) 0.4131

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0357 JPY (High: 0.3892 / Low: 0.3535). On the other end, May was the most stable month, with a tight range of 0.0122 JPY (High: 0.4071 / Low: 0.3949).

March Spread (Volatile) ±0.0357
May Spread (Stable) ±0.0122

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0165 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.4275) against the same month in 2022 (average: 0.3564), the exchange rate shifted by +0.0712 (+19.98%).

2023 Avg (November) 0.4275
2022 Avg (November) 0.3564

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3647 0.3459 0.3557
February 0.3827 0.3584 0.3707
March 0.3892 0.3535 0.3716
April 0.4028 0.3784 0.3900
May 0.4071 0.3949 0.4004
June 0.4257 0.4024 0.4135
July 0.4226 0.3987 0.4116
August 0.4206 0.3971 0.4103
September 0.4136 0.4000 0.4082
October 0.4186 0.4007 0.4098
November 0.4357 0.4157 0.4275
December 0.4219 0.4047 0.4110