YEARLY HIGH
0.0318 SEK
YEARLY LOW
0.0278 SEK
YEARLY AVERAGE
0.0301 SEK

2023 HUF to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 0.0318. Conversely, the yearly low was recorded on January 2, dropping to 0.0278.

This high-to-low spread represents a total annual volatility of 0.0040 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0284 to the December average rate of 0.0293, the exchange rate registered a net change of 3.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0318 was up 5.84% compared to the 2022 peak of 0.0300, 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 31,794 SEK
2022 Average 27,238 SEK
Yearly Trough Low 27,789 SEK
Transaction Impact: A difference of 4,005.51 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0318
0.0281
JanuMarcMayJulySeptNove

HUF to SEK 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 0.0298, compared to 0.0303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0298
H2 Avg (Jul–Dec) 0.0303

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0018 SEK (High: 0.0299 / Low: 0.0281). On the other end, June was the most stable month, with a tight range of 0.0007 SEK (High: 0.0318 / Low: 0.0311).

March Spread (Volatile) ±0.0018
June Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0012 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0315) against the same month in 2022 (average: 0.0267), the exchange rate shifted by +0.0048 (+17.82%).

2023 Avg (June) 0.0315
2022 Avg (June) 0.0267

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0290 0.0278 0.0284
February 0.0294 0.0286 0.0291
March 0.0299 0.0281 0.0292
April 0.0305 0.0296 0.0302
May 0.0315 0.0300 0.0306
June 0.0318 0.0311 0.0315
July 0.0316 0.0299 0.0307
August 0.0313 0.0297 0.0307
September 0.0311 0.0294 0.0306
October 0.0309 0.0296 0.0302
November 0.0309 0.0299 0.0305
December 0.0300 0.0288 0.0293