YEARLY HIGH
0.0421 SCR
YEARLY LOW
0.0343 SCR
YEARLY AVERAGE
0.0381 SCR

2023 HUF to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 0.0421. Conversely, the yearly low was recorded on January 2, dropping to 0.0343.

This high-to-low spread represents a total annual volatility of 0.0077 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0370 to the December average rate of 0.0384, the exchange rate registered a net change of 3.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0421 was down 12.04% compared to the 2022 peak of 0.0478, 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 42,085 SCR
2022 Average 36,767 SCR
Yearly Trough Low 34,337 SCR
Transaction Impact: A difference of 7,748.02 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0405
0.0359
JanuMarcMayJulySeptNove

HUF to SCR 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 0.0385, compared to 0.0377 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0385
H2 Avg (Jul–Dec) 0.0377

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0054 SCR (High: 0.0397 / Low: 0.0343). On the other end, August was the most stable month, with a tight range of 0.0014 SCR (High: 0.0385 / Low: 0.0371).

January Spread (Volatile) ±0.0054
August Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0390) against the same month in 2022 (average: 0.0336), the exchange rate shifted by +0.0054 (+16.07%).

2023 Avg (July) 0.0390
2022 Avg (July) 0.0336

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0397 0.0343 0.0370
February 0.0398 0.0360 0.0377
March 0.0398 0.0351 0.0374
April 0.0413 0.0374 0.0395
May 0.0413 0.0379 0.0394
June 0.0419 0.0383 0.0401
July 0.0421 0.0369 0.0390
August 0.0385 0.0371 0.0379
September 0.0380 0.0349 0.0363
October 0.0379 0.0350 0.0365
November 0.0400 0.0366 0.0381
December 0.0404 0.0365 0.0384