2023 HUF to QAR Historical Review

YEARLY HIGH

0.0109 QAR

YEARLY LOW

0.0096 QAR

YEARLY AVERAGE

0.0103 QAR

2023 HUF to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0109. Conversely, the yearly low was recorded on January 3, dropping to 0.0096.

This high-to-low spread represents a total annual volatility of 0.0013 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0100 to the December average rate of 0.0104, the exchange rate registered a net change of 4.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0109 was down 7.19% compared to the 2022 peak of 0.0118, 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 10,950 QAR

2022 Average 9,863 QAR

Yearly Trough Low 9,600 QAR

Transaction Impact: A difference of 1,349.15 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0107

0.0099

JanuMarcMayJulySeptNove

HUF to QAR 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 0.0104, compared to 0.0103 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) 0.0104

H2 Avg (Jul–Dec) 0.0103

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0008 QAR (High: 0.0104 / Low: 0.0097). On the other end, June was the most stable month, with a tight range of 0.0003 QAR (High: 0.0108 / Low: 0.0105).

March Spread (Volatile) ±0.0008

June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0106) against the same month in 2022 (average: 0.0093), the exchange rate shifted by +0.0014 (+14.64%).

2023 Avg (July) 0.0106

2022 Avg (July) 0.0093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0103	0.0096	0.0100
February	0.0104	0.0099	0.0101
March	0.0104	0.0097	0.0101
April	0.0108	0.0103	0.0106
May	0.0108	0.0104	0.0106
June	0.0108	0.0105	0.0107
July	0.0109	0.0103	0.0106
August	0.0105	0.0101	0.0103
September	0.0103	0.0097	0.0101
October	0.0102	0.0098	0.0100
November	0.0106	0.0101	0.0104
December	0.0106	0.0102	0.0104