2023 HUF to MVR Historical Review

YEARLY HIGH

0.0463 MVR

YEARLY LOW

0.0406 MVR

YEARLY AVERAGE

0.0436 MVR

2023 HUF to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0463. Conversely, the yearly low was recorded on January 3, dropping to 0.0406.

This high-to-low spread represents a total annual volatility of 0.0057 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0420 to the December average rate of 0.0440, the exchange rate registered a net change of 4.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0463 was down 7.47% compared to the 2022 peak of 0.0500, 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 46,297 MVR

2022 Average 41,752 MVR

Yearly Trough Low 40,603 MVR

Transaction Impact: A difference of 5,693.53 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0452

0.0418

JanuMarcMayJulySeptNove

HUF to MVR 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 0.0437, compared to 0.0435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0437

H2 Avg (Jul–Dec) 0.0435

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0030 MVR (High: 0.0442 / Low: 0.0411). On the other end, June was the most stable month, with a tight range of 0.0012 MVR (High: 0.0456 / Low: 0.0444).

March Spread (Volatile) ±0.0030

June Spread (Stable) ±0.0012

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 July and August, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0448) against the same month in 2022 (average: 0.0390), the exchange rate shifted by +0.0058 (+14.94%).

2023 Avg (July) 0.0448

2022 Avg (July) 0.0390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0434	0.0406	0.0420
February	0.0436	0.0417	0.0427
March	0.0442	0.0411	0.0428
April	0.0454	0.0436	0.0448
May	0.0456	0.0440	0.0448
June	0.0456	0.0444	0.0449
July	0.0463	0.0434	0.0448
August	0.0443	0.0427	0.0436
September	0.0435	0.0414	0.0426
October	0.0430	0.0414	0.0422
November	0.0448	0.0425	0.0439
December	0.0447	0.0432	0.0440