2023 HUF to MXN Historical Review

YEARLY HIGH

0.0536 MXN

YEARLY LOW

0.0470 MXN

YEARLY AVERAGE

0.0503 MXN

2023 HUF to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 26, valuing the pair at 0.0536. Conversely, the yearly low was recorded on September 24, dropping to 0.0470.

This high-to-low spread represents a total annual volatility of 0.0066 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0518 to the December average rate of 0.0491, the exchange rate registered a net change of -5.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0536 was down 19.78% compared to the 2022 peak of 0.0669, 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 53,627 MXN

2022 Average 54,471 MXN

Yearly Trough Low 47,002 MXN

Transaction Impact: A difference of 6,624.80 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0532

0.0473

JanuMarcMayJulySeptNove

HUF to MXN 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 0.0516, compared to 0.0489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0516

H2 Avg (Jul–Dec) 0.0489

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0035 MXN (High: 0.0507 / Low: 0.0472). On the other end, June was the most stable month, with a tight range of 0.0010 MXN (High: 0.0510 / Low: 0.0499).

October Spread (Volatile) ±0.0035

June Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0527) against the same month in 2022 (average: 0.0579), the exchange rate shifted by -0.0052 (-8.94%).

2023 Avg (April) 0.0527

2022 Avg (April) 0.0579

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0530	0.0507	0.0518
February	0.0528	0.0510	0.0517
March	0.0525	0.0501	0.0512
April	0.0536	0.0512	0.0527
May	0.0530	0.0507	0.0517
June	0.0510	0.0499	0.0504
July	0.0506	0.0476	0.0493
August	0.0487	0.0473	0.0481
September	0.0488	0.0470	0.0478
October	0.0507	0.0472	0.0496
November	0.0502	0.0487	0.0496
December	0.0498	0.0488	0.0491