2023 HUF to PYG Historical Review

YEARLY HIGH

21.8604 PYG

YEARLY LOW

19.0639 PYG

YEARLY AVERAGE

20.6620 PYG

2023 HUF to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 21.8604. Conversely, the yearly low was recorded on March 18, dropping to 19.0639.

This high-to-low spread represents a total annual volatility of 2.7964 PYG. From a start-to-finish perspective, comparing the January average rate of 20.1580 to the December average rate of 21.0520, the exchange rate registered a net change of 4.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.8604 was down 4.00% compared to the 2022 peak of 22.7721, 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 21,860,391 PYG

2022 Average 18,885,238 PYG

Yearly Trough Low 19,063,950 PYG

Transaction Impact: A difference of 2,796,441.43 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.3489

19.8699

JanuMarcMayJulySeptNove

HUF to PYG 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 20.5990, compared to 20.7250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1260 points.

H1 Avg (Jan–Jun) 20.5990

H2 Avg (Jul–Dec) 20.7250

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.7473 PYG (High: 20.8113 / Low: 19.0639). On the other end, May was the most stable month, with a tight range of 0.6544 PYG (High: 21.3547 / Low: 20.7004).

March Spread (Volatile) ±1.7473

May Spread (Stable) ±0.6544

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 0.5725 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5725

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 21.1765) against the same month in 2022 (average: 17.3806), the exchange rate shifted by +3.7959 (+21.84%).

2023 Avg (July) 21.1765

2022 Avg (July) 17.3806

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.8415	19.3176	20.1580
February	20.7384	19.9073	20.3189
March	20.8113	19.0639	19.9931
April	21.4712	20.2424	20.9009
May	21.3547	20.7004	21.0125
June	21.5766	20.8925	21.2109
July	21.8604	20.5426	21.1765
August	20.9697	20.2520	20.6040
September	20.5377	19.5241	20.0920
October	20.7565	19.5806	20.2000
November	21.6842	20.5909	21.2256
December	21.3867	20.6704	21.0520