2023 HUF to RSD Historical Review

YEARLY HIGH

0.3184 RSD

YEARLY LOW

0.2918 RSD

YEARLY AVERAGE

0.3073 RSD

2023 HUF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 0.3184. Conversely, the yearly low was recorded on March 18, dropping to 0.2918.

This high-to-low spread represents a total annual volatility of 0.0267 RSD. From a start-to-finish perspective, comparing the January average rate of 0.2973 to the December average rate of 0.3071, the exchange rate registered a net change of 3.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3184 was down 4.42% compared to the 2022 peak of 0.3332, 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 318,446 RSD

2022 Average 301,061 RSD

Yearly Trough Low 291,778 RSD

Transaction Impact: A difference of 26,667.97 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3182

0.2954

JanuMarcMayJulySeptNove

HUF to RSD 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 0.3084, compared to 0.3062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.3084

H2 Avg (Jul–Dec) 0.3062

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0222 RSD (High: 0.3140 / Low: 0.2918). On the other end, June was the most stable month, with a tight range of 0.0047 RSD (High: 0.3184 / Low: 0.3137).

March Spread (Volatile) ±0.0222

June Spread (Stable) ±0.0047

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 June and July, when the average rate fell by 0.0072 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.3163) against the same month in 2022 (average: 0.2959), the exchange rate shifted by +0.0204 (+6.90%).

2023 Avg (June) 0.3163

2022 Avg (June) 0.2959

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3033	0.2922	0.2973
February	0.3108	0.2974	0.3051
March	0.3140	0.2918	0.3045
April	0.3159	0.3070	0.3121
May	0.3180	0.3122	0.3149
June	0.3184	0.3137	0.3163
July	0.3143	0.3028	0.3091
August	0.3089	0.2982	0.3046
September	0.3067	0.2988	0.3034
October	0.3069	0.3005	0.3041
November	0.3163	0.3056	0.3093
December	0.3096	0.3047	0.3071