2023 HUF to STD Historical Review

YEARLY HIGH

68.5972 STD

YEARLY LOW

59.6229 STD

YEARLY AVERAGE

64.0661 STD

2023 HUF to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 68.5972. Conversely, the yearly low was recorded on September 27, dropping to 59.6229.

This high-to-low spread represents a total annual volatility of 8.9743 STD. From a start-to-finish perspective, comparing the January average rate of 62.3700 to the December average rate of 63.7470, the exchange rate registered a net change of 2.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 68.5972 was down 0.59% compared to the 2022 peak of 69.0021, 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 68,597,216 STD

2022 Average 59,866,751 STD

Yearly Trough Low 59,622,943 STD

Transaction Impact: A difference of 8,974,273.26 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

67.3445

60.4857

JanuMarcMayJulySeptNove

HUF to STD 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 64.8958, compared to 63.2364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6593 points.

H1 Avg (Jan–Jun) 64.8958

H2 Avg (Jul–Dec) 63.2364

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 5.3396 STD (High: 68.5972 / Low: 63.2576). On the other end, June was the most stable month, with a tight range of 1.8720 STD (High: 67.8399 / Low: 65.9679).

July Spread (Volatile) ±5.3396

June Spread (Stable) ±1.8720

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.2216 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.2216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 66.3515) against the same month in 2022 (average: 56.4237), the exchange rate shifted by +9.9278 (+17.60%).

2023 Avg (July) 66.3515

2022 Avg (July) 56.4237

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	64.3912	60.1377	62.3700
February	64.8792	62.0495	63.5146
March	65.4662	60.9370	63.4813
April	67.4684	64.7574	66.6371
May	67.8038	65.4677	66.5986
June	67.8399	65.9679	66.7729
July	68.5972	63.2576	66.3515
August	64.1510	62.0423	63.1298
September	62.8887	59.6229	61.5369
October	62.2788	59.8490	61.0573
November	64.9706	61.5068	63.5962
December	64.7336	62.5961	63.7470