2023 HUF to NIO Historical Review

YEARLY HIGH

0.1099 NIO

YEARLY LOW

0.0961 NIO

YEARLY AVERAGE

0.1036 NIO

2023 HUF to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.1099. Conversely, the yearly low was recorded on January 3, dropping to 0.0961.

This high-to-low spread represents a total annual volatility of 0.0138 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0997 to the December average rate of 0.1049, the exchange rate registered a net change of 5.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1099 was down 4.65% compared to the 2022 peak of 0.1152, 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 109,889 NIO

2022 Average 97,049 NIO

Yearly Trough Low 96,092 NIO

Transaction Impact: A difference of 13,797.16 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1077

0.0990

JanuMarcMayJulySeptNove

HUF to NIO 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 0.1038, compared to 0.1035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1038

H2 Avg (Jul–Dec) 0.1035

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0082 NIO (High: 0.1049 / Low: 0.0967). On the other end, June was the most stable month, with a tight range of 0.0028 NIO (High: 0.1087 / Low: 0.1058).

March Spread (Volatile) ±0.0082

June Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between March and June, 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 0.0029 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1065) against the same month in 2022 (average: 0.0907), the exchange rate shifted by +0.0158 (+17.38%).

2023 Avg (July) 0.1065

2022 Avg (July) 0.0907

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1030	0.0961	0.0997
February	0.1036	0.0992	0.1015
March	0.1049	0.0967	0.1015
April	0.1081	0.1036	0.1066
May	0.1087	0.1049	0.1066
June	0.1087	0.1058	0.1069
July	0.1099	0.1032	0.1065
August	0.1054	0.1018	0.1037
September	0.1033	0.0979	0.1010
October	0.1023	0.0983	0.1002
November	0.1069	0.1011	0.1045
December	0.1064	0.1029	0.1049