YEARLY HIGH
61.1441 SLL
YEARLY LOW
46.5446 SLL
YEARLY AVERAGE
54.0600 SLL

2023 HUF to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 61.1441. Conversely, the yearly low was recorded on January 3, dropping to 46.5446.

This high-to-low spread represents a total annual volatility of 14.5995 SLL. From a start-to-finish perspective, comparing the January average rate of 48.2723 to the December average rate of 59.9925, the exchange rate registered a net change of 24.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 61.1441 was up 29.24% compared to the 2022 peak of 47.3123, 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 61,144,087 SLL
2022 Average 36,772,296 SLL
Yearly Trough Low 46,544,588 SLL
Transaction Impact: A difference of 14,599,498.96 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

61.1646
47.1003
JanuMarcMayJulySeptNove

HUF to SLL 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 50.2271, compared to 57.8928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.6657 points.

H1 Avg (Jan–Jun) 50.2271
H2 Avg (Jul–Dec) 57.8928

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 10.2380 SLL (High: 60.1137 / Low: 49.8758). On the other end, June was the most stable month, with a tight range of 1.4489 SLL (High: 52.5058 / Low: 51.0569).

July Spread (Volatile) ±10.2380
June Spread (Stable) ±1.4489

Growth Streaks & Declines

Trends

Between May and August, 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 1.4991 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.4991

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 59.8506) against the same month in 2022 (average: 44.3132), the exchange rate shifted by +15.5375 (+35.06%).

2023 Avg (November) 59.8506
2022 Avg (November) 44.3132

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.8366 46.5446 48.2723
February 50.2143 48.0242 49.1582
March 50.6687 47.1632 49.1324
April 52.2182 50.1200 51.5749
May 52.4778 50.6698 51.5450
June 52.5058 51.0569 51.6800
July 60.1137 49.8758 52.7278
August 60.3728 58.3883 59.4118
September 59.1848 56.1114 57.9127
October 58.6109 56.3241 57.4613
November 61.1441 57.8843 59.8506
December 60.9211 58.9095 59.9925