2023 HUF to NAD Historical Review

YEARLY HIGH

0.0572 NAD

YEARLY LOW

0.0448 NAD

YEARLY AVERAGE

0.0525 NAD

2023 HUF to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.0572. Conversely, the yearly low was recorded on January 3, dropping to 0.0448.

This high-to-low spread represents a total annual volatility of 0.0124 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0467 to the December average rate of 0.0535, the exchange rate registered a net change of 14.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0572 was up 13.57% compared to the 2022 peak of 0.0504, 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 57,188 NAD

2022 Average 43,919 NAD

Yearly Trough Low 44,792 NAD

Transaction Impact: A difference of 12,395.84 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0566

0.0458

JanuMarcMayJulySeptNove

HUF to NAD 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 0.0518, compared to 0.0531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0518

H2 Avg (Jul–Dec) 0.0531

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0059 NAD (High: 0.0568 / Low: 0.0509). On the other end, March was the most stable month, with a tight range of 0.0031 NAD (High: 0.0522 / Low: 0.0492).

November Spread (Volatile) ±0.0059

March Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0016 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0548) against the same month in 2022 (average: 0.0420), the exchange rate shifted by +0.0128 (+30.47%).

2023 Avg (June) 0.0548

2022 Avg (June) 0.0420

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0486	0.0448	0.0467
February	0.0517	0.0464	0.0498
March	0.0522	0.0492	0.0508
April	0.0544	0.0503	0.0531
May	0.0571	0.0539	0.0557
June	0.0572	0.0532	0.0548
July	0.0551	0.0505	0.0532
August	0.0563	0.0515	0.0534
September	0.0540	0.0509	0.0524
October	0.0557	0.0513	0.0528
November	0.0568	0.0509	0.0535
December	0.0553	0.0519	0.0535