YEARLY HIGH
0.2859 RUB
YEARLY LOW
0.1801 RUB
YEARLY AVERAGE
0.2423 RUB

2023 HUF to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.2859. Conversely, the yearly low was recorded on January 15, dropping to 0.1801.

This high-to-low spread represents a total annual volatility of 0.1058 RUB. From a start-to-finish perspective, comparing the January average rate of 0.1912 to the December average rate of 0.2605, the exchange rate registered a net change of 36.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2859 was down 29.75% compared to the 2022 peak of 0.4070, 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 285,933 RUB
2022 Average 191,516 RUB
Yearly Trough Low 180,119 RUB
Transaction Impact: A difference of 105,814.39 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2796
0.1831
JanuMarcMayJulySeptNove

HUF to RUB 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 0.2199, compared to 0.2646 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0447 points.

H1 Avg (Jan–Jun) 0.2199
H2 Avg (Jul–Dec) 0.2646

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0264 RUB (High: 0.2600 / Low: 0.2335). On the other end, November was the most stable month, with a tight range of 0.0099 RUB (High: 0.2625 / Low: 0.2525).

June Spread (Volatile) ±0.0264
November Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0074 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.2715) against the same month in 2022 (average: 0.1534), the exchange rate shifted by +0.1182 (+77.06%).

2023 Avg (August) 0.2715
2022 Avg (August) 0.1534

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1974 0.1801 0.1912
February 0.2111 0.1943 0.2046
March 0.2217 0.2032 0.2123
April 0.2418 0.2213 0.2365
May 0.2375 0.2260 0.2309
June 0.2600 0.2335 0.2440
July 0.2734 0.2574 0.2642
August 0.2859 0.2616 0.2715
September 0.2722 0.2598 0.2671
October 0.2762 0.2568 0.2659
November 0.2625 0.2525 0.2585
December 0.2674 0.2550 0.2605