YEARLY HIGH
0.5551 LRD
YEARLY LOW
0.4071 LRD
YEARLY AVERAGE
0.4952 LRD

2023 HUF to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.5551. Conversely, the yearly low was recorded on January 3, dropping to 0.4071.

This high-to-low spread represents a total annual volatility of 0.1481 LRD. From a start-to-finish perspective, comparing the January average rate of 0.4246 to the December average rate of 0.5385, the exchange rate registered a net change of 26.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5551 was up 11.79% compared to the 2022 peak of 0.4966, 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 555,141 LRD
2022 Average 413,608 LRD
Yearly Trough Low 407,084 LRD
Transaction Impact: A difference of 148,057.12 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5499
0.4132
JanuMarcMayJulySeptNove

HUF to LRD 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 0.4630, compared to 0.5275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0645 points.

H1 Avg (Jan–Jun) 0.4630
H2 Avg (Jul–Dec) 0.5275

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0420 LRD (High: 0.5551 / Low: 0.5132). On the other end, May was the most stable month, with a tight range of 0.0145 LRD (High: 0.4946 / Low: 0.4801).

July Spread (Volatile) ±0.0420
May Spread (Stable) ±0.0145

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0132 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.5357) against the same month in 2022 (average: 0.3862), the exchange rate shifted by +0.1495 (+38.69%).

2023 Avg (July) 0.5357
2022 Avg (July) 0.3862

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4415 0.4071 0.4246
February 0.4469 0.4266 0.4354
March 0.4654 0.4296 0.4436
April 0.4880 0.4605 0.4763
May 0.4946 0.4801 0.4872
June 0.5311 0.4899 0.5110
July 0.5551 0.5132 0.5357
August 0.5355 0.5193 0.5279
September 0.5250 0.4994 0.5146
October 0.5227 0.5015 0.5121
November 0.5483 0.5176 0.5360
December 0.5475 0.5286 0.5385