2023 HUF to LKR Historical Review

YEARLY HIGH

1.0373 LKR

YEARLY LOW

0.8402 LKR

YEARLY AVERAGE

0.9309 LKR

2023 HUF to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 1.0373. Conversely, the yearly low was recorded on June 2, dropping to 0.8402.

This high-to-low spread represents a total annual volatility of 0.1972 LKR. From a start-to-finish perspective, comparing the January average rate of 0.9994 to the December average rate of 0.9348, the exchange rate registered a net change of -6.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0373 was up 2.73% compared to the 2022 peak of 1.0097, 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 1,037,347 LKR

2022 Average 863,140 LKR

Yearly Trough Low 840,184 LKR

Transaction Impact: A difference of 197,163.43 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0289

0.8725

JanuMarcMayJulySeptNove

HUF to LKR 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 0.9459, compared to 0.9160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0298 points.

H1 Avg (Jan–Jun) 0.9459

H2 Avg (Jul–Dec) 0.9160

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1286 LKR (High: 1.0230 / Low: 0.8945). On the other end, December was the most stable month, with a tight range of 0.0259 LKR (High: 0.9461 / Low: 0.9202).

March Spread (Volatile) ±0.1286

December Spread (Stable) ±0.0259

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0859 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0859

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.0159) against the same month in 2022 (average: 0.6421), the exchange rate shifted by +0.3738 (+58.22%).

2023 Avg (February) 1.0159

2022 Avg (February) 0.6421

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0269	0.9631	0.9994
February	1.0373	0.9926	1.0159
March	1.0230	0.8945	0.9300
April	0.9547	0.9221	0.9400
May	0.9485	0.8480	0.9044
June	0.9341	0.8402	0.8856
July	0.9724	0.8720	0.9312
August	0.9264	0.8885	0.9116
September	0.9048	0.8675	0.8925
October	0.9109	0.8704	0.8905
November	0.9602	0.9050	0.9355
December	0.9461	0.9202	0.9348