2023 HUF to PKR Historical Review

YEARLY HIGH

0.8772 PKR

YEARLY LOW

0.5979 PKR

YEARLY AVERAGE

0.7930 PKR

2023 HUF to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.8772. Conversely, the yearly low was recorded on January 3, dropping to 0.5979.

This high-to-low spread represents a total annual volatility of 0.2793 PKR. From a start-to-finish perspective, comparing the January average rate of 0.6390 to the December average rate of 0.8068, the exchange rate registered a net change of 26.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8772 was up 43.34% compared to the 2022 peak of 0.6120, 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 877,247 PKR

2022 Average 549,107 PKR

Yearly Trough Low 597,905 PKR

Transaction Impact: A difference of 279,341.69 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8584

0.6191

JanuMarcMayJulySeptNove

HUF to PKR 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 0.7762, compared to 0.8097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0335 points.

H1 Avg (Jan–Jun) 0.7762

H2 Avg (Jul–Dec) 0.8097

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1460 PKR (High: 0.7439 / Low: 0.5979). On the other end, June was the most stable month, with a tight range of 0.0259 PKR (High: 0.8526 / Low: 0.8267).

January Spread (Volatile) ±0.1460

June Spread (Stable) ±0.0259

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0569 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0569

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.8315) against the same month in 2022 (average: 0.5569), the exchange rate shifted by +0.2746 (+49.30%).

2023 Avg (August) 0.8315

2022 Avg (August) 0.5569

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7439	0.5979	0.6390
February	0.7649	0.6963	0.7387
March	0.8137	0.7449	0.7792
April	0.8472	0.8041	0.8282
May	0.8681	0.8199	0.8336
June	0.8526	0.8267	0.8385
July	0.8477	0.7767	0.8211
August	0.8772	0.7964	0.8315
September	0.8655	0.7726	0.8224
October	0.7837	0.7508	0.7655
November	0.8331	0.7737	0.8109
December	0.8210	0.7946	0.8068