2023 HUF to SBD Historical Review

YEARLY HIGH

0.0252 SBD

YEARLY LOW

0.0218 SBD

YEARLY AVERAGE

0.0237 SBD

2023 HUF to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0252. Conversely, the yearly low was recorded on January 3, dropping to 0.0218.

This high-to-low spread represents a total annual volatility of 0.0034 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0226 to the December average rate of 0.0242, the exchange rate registered a net change of 7.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0252 was down 4.05% compared to the 2022 peak of 0.0262, 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 25,152 SBD

2022 Average 22,015 SBD

Yearly Trough Low 21,777 SBD

Transaction Impact: A difference of 3,375.74 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0246

0.0224

JanuMarcMayJulySeptNove

HUF to SBD 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 0.0235, compared to 0.0238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0235

H2 Avg (Jul–Dec) 0.0238

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0017 SBD (High: 0.0236 / Low: 0.0219). On the other end, June was the most stable month, with a tight range of 0.0006 SBD (High: 0.0247 / Low: 0.0241).

March Spread (Volatile) ±0.0017

June Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0007 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0244) against the same month in 2022 (average: 0.0207), the exchange rate shifted by +0.0037 (+18.12%).

2023 Avg (July) 0.0244

2022 Avg (July) 0.0207

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0233	0.0218	0.0226
February	0.0233	0.0224	0.0229
March	0.0236	0.0219	0.0229
April	0.0246	0.0234	0.0242
May	0.0248	0.0239	0.0243
June	0.0247	0.0241	0.0244
July	0.0252	0.0237	0.0244
August	0.0241	0.0233	0.0237
September	0.0236	0.0224	0.0232
October	0.0235	0.0226	0.0231
November	0.0247	0.0232	0.0241
December	0.0245	0.0238	0.0242