2023 HUF to MAD Historical Review

YEARLY HIGH

0.0300 MAD

YEARLY LOW

0.0273 MAD

YEARLY AVERAGE

0.0287 MAD

2023 HUF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.0300. Conversely, the yearly low was recorded on August 8, dropping to 0.0273.

This high-to-low spread represents a total annual volatility of 0.0027 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0280 to the December average rate of 0.0287, the exchange rate registered a net change of 2.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0300 was down 0.55% compared to the 2022 peak of 0.0302, 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 29,987 MAD

2022 Average 27,370 MAD

Yearly Trough Low 27,256 MAD

Transaction Impact: A difference of 2,730.97 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0297

0.0278

JanuMarcMayJulySeptNove

HUF to MAD 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 0.0290, compared to 0.0284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0290

H2 Avg (Jul–Dec) 0.0284

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0023 MAD (High: 0.0297 / Low: 0.0274). On the other end, June was the most stable month, with a tight range of 0.0007 MAD (High: 0.0296 / Low: 0.0290).

March Spread (Volatile) ±0.0023

June Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and April, 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 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0296) against the same month in 2022 (average: 0.0283), the exchange rate shifted by +0.0012 (+4.34%).

2023 Avg (April) 0.0296

2022 Avg (April) 0.0283

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0286	0.0275	0.0280
February	0.0293	0.0279	0.0287
March	0.0297	0.0274	0.0287
April	0.0300	0.0289	0.0296
May	0.0299	0.0291	0.0295
June	0.0296	0.0290	0.0294
July	0.0293	0.0276	0.0284
August	0.0291	0.0273	0.0281
September	0.0287	0.0276	0.0283
October	0.0289	0.0276	0.0282
November	0.0295	0.0284	0.0290
December	0.0293	0.0285	0.0287