2023 HUF to PEN Historical Review

YEARLY HIGH

0.0112 PEN

YEARLY LOW

0.0100 PEN

YEARLY AVERAGE

0.0106 PEN

2023 HUF to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.0112. Conversely, the yearly low was recorded on March 18, dropping to 0.0100.

This high-to-low spread represents a total annual volatility of 0.0012 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0104 to the December average rate of 0.0107, the exchange rate registered a net change of 2.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0112 was down 11.62% compared to the 2022 peak of 0.0127, 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 11,182 PEN

2022 Average 10,366 PEN

Yearly Trough Low 10,019 PEN

Transaction Impact: A difference of 1,163.70 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0110

0.0102

JanuMarcMayJulySeptNove

HUF to PEN 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 0.0107, compared to 0.0105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0107

H2 Avg (Jul–Dec) 0.0105

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0009 PEN (High: 0.0110 / Low: 0.0100). On the other end, June was the most stable month, with a tight range of 0.0002 PEN (High: 0.0108 / Low: 0.0106).

January Spread (Volatile) ±0.0009

June Spread (Stable) ±0.0002

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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0110) against the same month in 2022 (average: 0.0108), the exchange rate shifted by +0.0002 (+1.70%).

2023 Avg (April) 0.0110

2022 Avg (April) 0.0108

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0110	0.0100	0.0104
February	0.0109	0.0105	0.0107
March	0.0108	0.0100	0.0105
April	0.0112	0.0107	0.0110
May	0.0110	0.0106	0.0107
June	0.0108	0.0106	0.0107
July	0.0107	0.0102	0.0105
August	0.0106	0.0102	0.0105
September	0.0105	0.0101	0.0103
October	0.0108	0.0102	0.0105
November	0.0111	0.0106	0.0108
December	0.0110	0.0105	0.0107