YEARLY HIGH
0.0048 NZD
YEARLY LOW
0.0042 NZD
YEARLY AVERAGE
0.0046 NZD

2023 HUF to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 0.0048. Conversely, the yearly low was recorded on January 2, dropping to 0.0042.

This high-to-low spread represents a total annual volatility of 0.0006 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0043 to the December average rate of 0.0046, the exchange rate registered a net change of 7.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0048 was down 1.03% compared to the 2022 peak of 0.0049, 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 4,839 NZD
2022 Average 4,250 NZD
Yearly Trough Low 4,204 NZD
Transaction Impact: A difference of 635.25 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0048
0.0042
JanuMarcMayJulySeptNove

HUF to NZD 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 0.0046, compared to 0.0047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0046
H2 Avg (Jul–Dec) 0.0047

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0003 NZD (High: 0.0046 / Low: 0.0043). On the other end, December was the most stable month, with a tight range of 0.0001 NZD (High: 0.0047 / Low: 0.0046).

March Spread (Volatile) ±0.0003
December Spread (Stable) ±0.0001

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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0048) against the same month in 2022 (average: 0.0042), the exchange rate shifted by +0.0006 (+13.80%).

2023 Avg (June) 0.0048
2022 Avg (June) 0.0042

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0044 0.0042 0.0043
February 0.0046 0.0043 0.0044
March 0.0046 0.0043 0.0045
April 0.0048 0.0046 0.0047
May 0.0048 0.0046 0.0047
June 0.0048 0.0047 0.0048
July 0.0048 0.0046 0.0047
August 0.0048 0.0046 0.0047
September 0.0048 0.0045 0.0047
October 0.0048 0.0045 0.0046
November 0.0048 0.0047 0.0048
December 0.0047 0.0046 0.0046